Gunaybank gets decline in assets

Baku. 10 October. REPORT.AZ/ As of September 1, 2018, Gunaybank’s assets stood at AZN 173,762,000, down 1.9% from the previous year, Report informs.

The Bank says the loans issued to customers (after deduction of possible losses on the loans) rose by 8.0% to AZN 114,603,000, with share of loans issued in foreign currency constituting AZN 15,910

As of September 1, 2018, total liabilities dropped by 5.8% to AZN 111,874,000, deposit portfolio grew by 18.6% to AZN 69,830,000. AZN 23,808,000 of deposits are in foreign currency.

Central Bank’s demand against the bank was AZN 6,100, down 2.3-fold in comparison to a year earlier.

The authorized capital made up AZN 64,910,000 and total capital – AZN 61,887,000.

Net profit amounted to AZN 1,909,800 in January-September 2018, down 8.2% by contrast to 2017. In the reporting period of 2018 the interest incomes amounted to AZN 6,482,000, interest expenditures to AZN 3,408,000, non-interest incomes to AZN 7,075,000 and non-interest expenditures to AZN 4,816,000. 

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