Bank Of Baku

Bank Nikoil increases total capital

Bank Nikoil increases total capital
# 16 July 2014 13:49 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. Bank Nikoil’s assets made AZN 311.902 mln in the second quarter of 2014, up 39.44% from previous year.

 

Bank says the loan portfolio in January-June rose 26% to AZN 244.764 mln.

 

Consumer lending stood at AZN 81.523 mln, down 27.04% compared to 2013.

 

Overdue credits fell 2% to AZN 42.553 mln, mortgage lending rose 95% to AZN 27.888 mln (AZN 23.281 mln given through AMF).

 

Deposit portfolio surged 40.54% to ANZ 171.890 mln, personal savings were equal to AZN 144.328 mln, up 38.04% by contrast to a year earlier. 

 

Total capital grew 82.82% to AZN 58.431 mln, authorized capital went up 53.3% to AZN 34.5 mln. 

 

Incomes climbed 35.3% to AZN 22.784 mln, expenditures – 66.36% to AZN 26.422 mln.

 

Profit stood at AZN 2,379,940.

 

The bank operates 19 branches, 29 ATMs and 307 PS-terminals across the country.  

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