Bank Of Baku

Bank VTB (Azerbaijan) gets sharp rise in Q1 assets

 Bank VTB (Azerbaijan) gets sharp rise in Q1 assets
# 23 April 2015 08:06 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of April 1, 2015, the assets of Bank VTB (Azerbaijan) stood at AZN 367,397,940, up 78.89% from previous year.

 

Bank says the loan portfolio rose 66.64% to AZN 323,917,340, overdue credits reached AZN 41,187,500 (11.9% of loan portfolio), consumption loans advanced 72.79% to AZN 161,865,300, deposits grew 45.97% to AZN 22,321,780, total capital dropped 3.81% to AZN 41,941,820, and authorized capital remained unchanged at AZN 50.815 mln.

 

Bank faced AZN 6,979,210 in the first quarter.

 

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