Bank of Baku’s shareholder see sharp rise in assets

Bank of Baku’s shareholder see sharp rise in assets
# 23 June 2016 08:46 (UTC +04:00)

Baku - APA-Economics. NAB Group of Companies’ assets rose 2.4 times to AZN 48.88 mln in 2015.

APA-Economics reports that in the structure of assets, investments on share makes AZN 26.3 mln, while it was AZN 13.7 mln in 2014.

Along with this, the liabilities quintupled to AZN 27 mln.

Authorized capital remained unchanged at AZN 15,526,777, total capital rose 44.1% to AZN 21,922,871.

NAB Group of Companies ended 2015 with AZN 118,573 loss.

NAB Group of Companies has 35% share in Bank of Baku.

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