Assets of 'Caucasian Development Bank' increased by 18%

Assets of 'Caucasian Development Bank' increased by 18% The deposit portfolio by 77% consists of foreign currency
Finance
July 30, 2015 17:21
Assets of 'Caucasian Development Bank' increased by 18%

Baku. 30 July. REPORT.AZ/ Assets of OJSC 'Caucasian Development Bank' on an annual basis increased by 18.03% on July 1, 2015 and reached 156.955 million manats.

Report informs referring to the bank, loan portfolio on an annual basis rose by 17.63% and amounted to 138.152 million manats. Past due loans amounted to 2.04%, or 2.814 million manats of loan portfolio. In the same period of last year, this number was 1.66% or 2.006 million manats.

During the reporting period the deposit portfolio grew by 10.3% to 8.785 million manats. The deposit portfolio by 77.04% or 6,768,000 manats placed in foreign currency.

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