'Azerbaijan Industry Bank' involves 10 mln AZN from Central Bank

Baku. 25 January. REPORT.AZ/ Assets of 'Azerbaijan Industry Bank' OJSC increased by 64,5% in annual comparison and made 690,4 million manats by the end of 2015.

Report informs referring to the bank, during reporting year, loan portfolio increased by 0,89% and made 168,8 million manats. Payment period of 4,28% or 7,2 million manats of loan portfolio has expired. During reporting year, loans to physical persons (consumer lending) decreased by 43,8% in comparison with 2014 and dropped from 26,6 million manats to 15,0 million manats.

To January 1 of this year, authorized capital of 'Azerbaijan Industry Bank' made 60,0 million manats, total capital 77,4 million manats.

Notably, last quarter of 2015, 10 million manats claim occurred to the bank by the Central Bank of Azerbaijan Republic (CBAR). 

Earlier, Central Bank had no claims against the bank.