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CDB Bank earns AZN 5.5M in Q1

CDB Bank earns AZN 5.5M in Q1

27 April 2016 08:45 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. As of April 1, 2016 the Caspian Development Bank’s (CDB) assets stood at AZN 120 mln, down 7.02% in comparison with previous year.

Bank says the loan portfolio surged 4.11% to AZN 85.338 mln, deposit portfolio dropped 23.23% to AZN 32.058 mln, personal savings fell 44.15% to AZN 21.930 mln, liabilities slid 20.79% to AZN 55.465 mln.

Total capital increased 9.31% to AZN 64.536 mln, while authorized capital remained unchanged at AZN 49,924,800.

Incomes made AZN 1,990,770, expenditures AZN 1,612,030.

Profit amounted to AZN 5,502,060.

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