Bank Of Baku

Xalg Bank sees decline in most financial performances

Xalg Bank sees decline in most financial performances
# 21 January 2015 13:05 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. In 2014, Xalg Bank’s assets dropped 1.1% to AZN 1,268,027,000.

 

Bank says the loan portfolio rose 6.1% to AZN 1,057,600,000, liabilities fell 1.8% to AZN 1,046,327,000.

 

Deposit portfolio slipped 8.3% to AZN 778.609 mln, personal savings soared 6.7% to AZN 639.026 mln.

 

As of January 1, total capital increased 2.2% to AZN 221,700,518, authorized capital surged 7.3% to AZN 197,125,290.

 

Net profit made AZN 15,490,061.

 

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