Share of PASHA Bank’s troubled loans exceeds 8%

Share of PASHA Bank’s troubled loans exceeds 8%
# 21 January 2015 13:37 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of January 1, 2015, PASHA Bank’s assets stood at AZN 1,278,732,000, up 81.38% from previous year.

Bank says the loan portfolio rose 57.9% to AZN 542,926,097, share of troubled loans fell from 15% to 8.1%.

Investment portfolio surged 2.6% to AZN 205,240,492, total capital soared 46.07% to AZN 332.960 mln, authorized capital increased 46% to AZN 333 mln.

Bank ended 2014 with AZN 10,832,193-loss.

The bank operates 2 branches, 26 ATMs.

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