PASHA Bank increases net profit by 28%

​PASHA Bank increases net profit by 28%

PASHA Bank OJSC has ended the period of January-September 2019 on AZN 64.596 million in net profit, up 28.1% from previous year, Report informs.

Bank says the operating revenues rose by 35.2% to AZN 198.164 million, operating expenditures went up 26.7% to AZN 107.048 million, allocations for special reserves advanced 48.3% to AZN 15.389 million, unexpected expenditures made up AZN 17,000, profit tax increased by 8.6-fold to AZN 11.114 million.

As of October 1, 2019, the assets stood at AZN 4,383,325,000, up 1.2% from a year earlier. Of this, AZN 1,637,116,000 is loans given to customers. The loan portfolio extended by 43.1% year-on-year.

Liabilities dropped by 0.7% to AZN 3,914,216,000, deposit portfolio slipped 8.6% to AZN 3,311,614,000, authorized capital amounted to AZN 333 million.

PASHA Bank has been in operation since 2007. 

If you find out orphographic mistake in the text, please select mistaken part of the text and press Ctrl + Enter.

This post is also available in other languages:

Last added

Latest news

Orphus sistemi