Bank Of Baku

Bank of Azerbaijan’s financial loss increases sharply

Bank of Azerbaijan’s financial loss increases sharply
# 01 November 2010 13:07 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, 2010, Bank of Azerbaijan’s assets stood at AZN 166.482 mln, up 4.5% compared with a year ago.

Bank says the deposit portfolio slid 23.2% to AZN 71.307 mln, population’s deposit decreased by 26.4% to AZN 63.856 mln. Loan portfolio slipped 2.8% to AZN 130.074 mln, consumer lending fell 9.2% to AZN 16.811 mln. Total capital rose 31.7% to AZN 25.378 mln, authorized capital increased by 57% to AZN 23.5 mln.

Income went down 8.3% to AZN 12.715 mln, expenditure soared 44.3% to AZN 21.926 mln. Loss rose b y 7 times to AZN 9.211 mln.

Bank of Azerbaijan has been in operation since 1993. The bank operates 13 branches, 28 ATMs and 162 POS-terminals.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED