Over past 3 months Nikoil Bank assets grew by 4.2%


October 16, Fineko/abc.az. Nikoil Bank has published its financial results for the 3rd quarter of 2019.

With reference to NB’s report ABC.AZ informs that if to compare the 2nd and 3rd quarters of 2019 it can be seen that assets increased by AZN 17.96 million (4.2%).  In particular, deposits increased by AZN 8.1 million (16.55%), investments in securities by AZN 12.5 million (71%). There is also an increase in loans to customers by AZN 23.5 million (8.83%).
At the same time, the finances raised from clients grew by AZN 24 million (9.35%). And so, mandatory deposits of individuals rose by AZN 2.5 million (13.5%), term deposits of individuals by AZN 18.7 million (9.4%), deposits of legal entities by AZN 7.6 million (21.8%).

Keywords: Nikoil bank