Premium Bank`s total capital reduced more than by AZN 4 million -FINANCIAL RESULTS

12:33 - 17.10.2019


October 17, Fineko/abc.az. As of 30 September 2019 the total assets of Premium Bank amounted to AZN 576.387 million. Of them, loans to Bank’s customers reached AZN 493.47 million.

The data on the occasion is shown in PB’s financial statements for Jan-Sept 2019.

According to Bank’s report, on 31 December 2018 the Bank had assets for AZN 646.28 million, including loans given to customers in the total amount of AZN 584.596 million. Thus, for the first 9 months of 2019 PB’s total assets decreased by AZN 69.897 million, and loans to customers by AZN 91.123 million.

In connection with the decrease in deposits, PB’s liabilities also decreased. Compared with the end of 2018, its deposits decreased by AZN 69.14 million to AZN 396.936 million and its total capital by AZN 4.297 million to AZN 130.4 million.

By Elmir Murad

 

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