ASB`s assets approach to AZN 1 bn - FINANCIAL RESULTS


October 16, Fineko/abc.az. Azerbaijan Industrial Bank (Azeri acronym: ASB) has unveiled the financial indicators for Jan-Sept 2019.

ABC.AZ informs that according to Bank’s report, on 31 September 2019 its assets amounted to AZN 939.7 million and the loan portfolio AZN 314.685 million. For comparison, at the end of 2018 the Bank had only AZN 822.3 million of assets, including AZN 285.949 million of the loan portfolio.

98.4252% of shares of ASB, which is part of Azersun Holding, belong to Anadolu Investment Company LLC, 1% to Leyla Goozala, and 0.5748% to Azerbaijani Industrial Leasing Company.

By Elmir Murad