Assets of Azerbaijan Senaye Banki down by 5% in Q3

Baku. 30 October. REPORT.AZ/ Assets of Azerbaijan Senaye Banki (ASB) in the III quarter decreased by 26,448,000 manats or 5.4% to 459,232,000 manats.

Report informs referring to the report of the bank, the asset structure of the smallest components of the reduction occurred in "deposits of financial institutions, including banks." Thus, the figure in the III quarter has decreased by 78,676,000 manats or 29.8% to 185.318 million manats.

Volume of non-performing loans in comparison with the first six months grew by 113.1 thousand manats or 1.7% to 6.678 million manats. Thus, the share of overdue loans in total loan portfolio has grown in the III quarter from 3.95% to 4.03%.

During the analyzed period, the aggregate loan portfolio decreased by 494 ths. manats or 0.3%, and as of October 1 amounted to 165,807,000 manats.

During the reporting period, volume of deposit portfolio of ASB decreased by 31,156,000 manats or 11.5% to 240.3 million manats.