Bank Of Baku

AFB Bank gets 25% rise in assets

AFB Bank gets 25% rise in assets
# 23 April 2015 11:03 (UTC +04:00)

Baku. Yegane Lachinzade – APA-Economics. In the first quarter of 2015, AFB Bank’s assets stood at AZN 293.187 mln, up 25.42% from previous year.

 

Bank says the loan portfolio rose 14.86% to AZN 207.381 mln, deposit portfolio slipped 11.58% to AZN 74.711 mln, personal savings grew 4.61 times to AZN 22.944 mln, total capital advanced 48.39% to AZN 79.047 mln, and the authorized capital raised 66.24% to AZN 70,393,000.

 

Profit made AZN 2.270 mln.

 

 

 

 

 

 

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