Bank VTB Azerbaijan increases authorized capital by 6.2-fold

Bank VTB Azerbaijan increases authorized capital by 6.2-fold
# 27 July 2018 16:40 (UTC +04:00)

In the second quarter of 2018 Bank VTB Azerbaijan’s assets stood at AZN 125.207 million, down 3.23-fold.

Bank says the loan portfolio declined by 16.75% to AZN 269.036 million, deposit portfolio rose by 44.94% to AZN 52.479 million, authorized capital increased by 6.2-fold to AZN 315,815,000, and total capital ascended by 5.01% to AZN 53.476 million.

The bank ended the second quarter of 2018 on loss of AZN 250.371 million.

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