NBC Bank increases assets

NBC Bank increases assets
# 04 February 2015 10:56 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. As of 1 January 2015, NBC Bank’s assets stood at AZN 138.106 mln, up 17.81% from previous year.

Consumer loans made AZN 52.871 mln, up 22.36% from previous year.

The Bank says overdue credits went down 0.87% to AZN 5.872 mln, deposit portfolio grew 10.88% to AZN 58.039 mln.

During the reporting period, total capital soared 29.39% to AZN 50.202 mln, while the authorized capital surged 27.37% to AZN 46, 536,000.

Bank’s incomes increased by 23.77% to AZN 19.261 mln, expenditures rose 17.78% to AZN 17.801 mln.

Bank’s income in 2014 accounted to AZN 1,460,000.

The bank operates 11 branches, 17 ATMs and 65 POS-terminals across the country.

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