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Annual net income of Azer Turk Bank totals 7.4M manats

Business Materials 30 January 2017 19:30 (UTC +04:00)
According to information obtained from the press service of Azer Turk Bank for January 1st of the 2017th year assets of the Bank were determined at the level of 475 794 thousand manats.
Annual net income of Azer Turk Bank totals 7.4M manats

According to information obtained from the press service of Azer Turk Bank for January 1st of the 2017th year assets of the Bank were determined at the level of 475 794 thousand manats. The amount of a credit portfolio made 150 162 thousand manats. The aggregate capital of the Bank in comparison with the corresponding period of the last year having increased by 6.7 million reached 57.6 million manats.

The ROA index illustrating efficiency of the Bank’s assets constituted 15.37%, return on the equity (ROE) made 1.07%.

In information it is specified that for the previous year the Bank attracted deposits with amount of 267 976 thousand manats from which 135 954 thousand manats are population deposits.

The total amount of the income constituted 47 365 thousand, the amount of expenses 37 773 thousand, a net income of Bank amounted to 7.4 million manats.

The authorized capital of the Bank constitutes 50 million manats.

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