Bank Of Baku

Azerbaijan Credit Bank gets rise in most financial indicators

Azerbaijan Credit Bank gets rise in most financial indicators
# 09 April 2015 13:00 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. In the first quarter of 2015, Azerbaijan Credit Bank’s assets stood at AZN 56,455,809, up 2.93 times from previous year.

 

Bank says the loan portfolio rose 2.35 times to AZN 54,143,450, deposit portfolio dropped 70.49% to AZN 2,379,690, personal savings fell 70.48% to AZN 2,376,600.  

 

Total capital increased 8 times to AZN 49,031,660, authorized capital surged 4.39 times to AZN 50,181,380.

 

Profit made AZN 4,603,160.

 

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