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Azerbaijani Bank announces net profit volumes

Business Materials 24 April 2018 17:07 (UTC +04:00)

Baku, Azerbaijan, April 24

By Ilkin Shafiyev – Trend:

The net profit of Azerbaijan's AtaBank at the end of 1Q2018 amounted to 340,980 manats, the Bank's report says.

Total assets of the Bank as of April 1, 2018 made up 619.51 million manats, and its liabilities – 472.35 million manats.

AtaBank's overall capital for the reporting period amounted to 147.159 million manats.

The Bank's loan portfolio as of April 1, 2018 amounted to 473.193 million manats, and its deposit portfolio – to 347.223 million manats.

Functioning since 1993, AtaBank is a hi-tech universal bank from Azerbaijan with hundred percent local capital. The Bank provides a full range of services to corporate and private clients through 31 affiliates and branches in Baku and regions of the country.

The official exchange rate as of April 24 is 1.7 AZN/USD.

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