Bank Of Baku

Bank Nikoil increases assets 38%

Bank Nikoil increases assets 38%
# 30 October 2014 13:28 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. In the third quarter of 2014, Bank Nikoil’s assets stood at AZN 336.631 mln, up 38.04% from previous year.

 

Bank says the loan portfolio rose 23.51% to AZN 40.42 mln, overdue credits fell 4.56% to AZN 42.585 mln, mortgage lending raised 94.50% to AZN 29.682 mln (AZN 25.257 mln or 85.09% given through AMF).  

 

Deposit portfolio grew 41.68% to AZN 190.287 mln, personal savings went up 33.40% to AZN 156.179 mln.

 

Total capital increased 27.87% to AZN 58.465 mln, while the authorized capital remained unchanged at AZN 34.5 mln.

 

Incomes surged 36.61% to AZN 35.764 mln.

 

Profit made AZN 19.656 mln.

 

The bank operates 21 branches, 31 ATMs and 301 POS-terminals across the country.

 

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