Bank Of Baku

Bank Silk Way gets profit in first quarter

Bank Silk Way gets profit in first quarter
# 20 April 2016 13:52 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. In the first quarter of 2016, Bank Silk Way’s assets rose 35.64% to AZN 374.962 mln.   

 

Bank says the loan portfolio increased 57% to AZN 352.566 mln, liabilities reached AZN 262.385 mln, deposit portfolio surged 59.8% to AZN 145.554 mln, individuals’ demand deposits made AZN 21.912 mln, term deposits – AZN 105.224 mln.

 

Authorized capital soared 2.4% to AZN 101,544,890, total capital advanced 1.86% to AZN 112,576,660.

 

Profit amounted to AZN 5,466,394.25.

 

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