Bank Of Baku

NBC Bank ends third quarter without profit

 NBC Bank ends third quarter without profit
# 21 October 2015 07:40 (UTC +04:00)

Baku. Yegane Lachinzade – APA-Economics. NBC Bank’s assets in the third quarter of 2015 made AZN 151.191 mln, up 12% from previous year.

 

Bank says the loan portfolio rose 11.8% to AZN 128.611 mln, overdue credits surged 26.3% to AZN 7.794 mln (6.20% of loan portfolio), and deposit portfolio grew 20.23% to AZN 70.630 mln.  

 

Total capital increased 2.62% to AZN 51.124 mln, while authorized capital remained unchanged at AZN 46,536,000.

 

The bank ended the third quarter of 2015 without profit.

 

 

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