Assets of VTB Bank (Azerbaijan) increased by 18%

Nərmin Rəhimova
Author

Baku. 5 August. REPORT.AZ/ Assets of VTB Bank (Azerbaijan) on an annualized basis increased by 17.6% on July 1, 2015 and reached 339.8 million manats. Report informs referring to the bank, for this period cash increased by 3 times - from 3.4 to 10 mln. AZN.

The loan portfolio of the bank grew by 16.0% and as of July 1 reached 308.4 million manats. Overdue loans accounted for 16.1% or 54,4mln. AZN of loan portfolio.

According to the report, the deposit portfolio on an annualized basis increased by 2.5 times - from 16 to 39.9 0,000,000 manats.

As of July 1of this year, the authorized capital of the bank amounted to 50.8 million manats, total capital made 47.4 million manats.

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