Baku. Musa Ahmadov - APA-Economics. As of July 1, 2016, International Bank of Azerbaijan – Georgia’s assets stood at GEL 115.420 million or AZN 82,560,000, down 25.24% from previous year.
Bank says the loan portfolio dropped 23.39% to GEL 55.497 million or AZN 39,697,000, deposit portfolio surged 10.46% to GEL 22.461 million or AZN 16,066,000, liabilities slid 33.92% GEL 83.570 million or AZN 59,778,000.
The authorized capital increased 10.7% GEL 31.850 million or AZN 22,782,000, total capital amounted to GEL 31.850 million.
Incomes slipped 1.8 times to GEL 5.993 million or AZN 4.287 million, expenditures dropped 1.9 times to GEL 2.800 million or AZN 2.002 million.
Profit made GEL 3,450,000 or AZN 2,468,000.
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