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Bank Nikoil gets 35% rise in assets

26 January 2015 10:58 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of January 1, 2015, Bank Nikoil’s assets stood at AZN 365.957 mln, up 35.3% from previous year.

Bank says the loan portfolio rose 28.59% to AZN 287.792 mln, consumption loans fell 49.72% to AZN 72.304 mln, overdue credits raised 4.88% to AZN 39.802 mln (13.83% of total loan portfolio), mortgage loans went up 78.86% to AZN 30.117 mln (AZN 26.447 mln or 87.81% given through AMF).

Deposit portfolio increased 40.43% to AZN 211.491 mln, persona savings advanced 26.42% to AZN 164.776 mln.

Total capital grew 1.39% to AZN 57.129 mln, authorized capital remained unchanged at AZN 34.5 mln.

Incomes surged 35.32% to AZN 49.927 mln, expenditures soared 51.54% to AZN 53.684 mln.

Profit made AZN 2.262 mln.

The bank operates 21 branches, 38 ATMs and 304 POS-terminals across eth country.