Bank Of Baku

Baki Insurance gets decline in assets

Baki Insurance gets decline in assets
# 29 March 2018 08:35 (UTC +04:00)

In 2017, Baki Insurance's assets declined by AZN 332,870 or 3.01% to AZN 10,728,127.59.

 

Company says the long-term assets made up AZN 3,272,000, short-term assets AZN 7,456,000.

 

Long-term liabilities amounted to AZN 1,122,262, short-term liabilities to AZN 662,235. In other words, total liabilities stood at AZN 1,784,497.

 

Authorized capital remained unchanged at AZN 8,925,439.65. Total capital grew 0.29% or AZN 26,060 to AZN 8,943,630.

 

The company ended 2017 on profit of AZN 262,499.

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