Bank Eurasia’s profit declines fourfold

Baku. 15 October. REPORT.AZ/ As of October 1, 2018, Bank Eurasia’s assets stood at AZN 164,765,000, up 7.4% from the previous year, Report informs.

Bank says the loan portfolio rose by 6.6% to AZN 92,547,000, liabilities grew by 15.4% to AZN 103,257,000, deposit portfolio ascended by 9.2% to AZN 53,697,000, authorized capital made up AZN 50 million, total capital – AZN 61,508,000.

Profit amounted to AZN 2,675,000, down fourfold from the previous year. Interest incomes stood at AZN 9,098,000, interest expenditures at AZN 2,067,000, non-interest incomes – at AZN 1,002,000 and non-interest expenditures at AZN 3,387,000.