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Azer-Turk Bank assets up in 2Q 2016

Azer-Turk Bank assets up in 2Q 2016

26 July 2016 08:43 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. As of the second quarter of 2016, Azer-Turk Bank’s assets stood at AZN 880.864 mln, up 2.25 times from the previous year, the bank told APA-Economics.

During the reporting period, the bank’s loan portfolio decreased by 45% to AZN 154.007 mln, bank liabilities amounted to AZN 824.655 mln, total capital went up by 0.66% to AZN 56.209 mln, and authorized capital made AZN 50 mln.

The bank’s profit amounted to AZN 8,900,960 in the second quarter of 2016.

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