Bank Of Baku

Xalg Bank’s liabilities reach AZN 1.4B

Xalg Bank’s liabilities reach AZN 1.4B
# 03 May 2016 15:19 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. In 2015, Xalg Bank’s assets increased 25.9% to AZN 1,580,360,000.

 

Bank says the loan portfolio rose 24.35% to AZN 1,288,534,000, liabilities soared 31% to AZN 1,371,120,000, authorized capital grew 7.4% to AZN 211,646,490, and total capital advanced 0.3% to AZN 209,239,949.  

 

The Bank ended 2015 with the net profit of AZN 598,950.

 

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