Xalq Bank sums up 1st quarter with profit of AZN 7.5 million

15:50 - 30.04.2018

April 30, Fineko/abc.az. By the end of 1st quarter Azerbaijan's commercial Xalq Bank showed stable growth on all key indicators.

The Bank informs that compared to data by the end of 2017 its assets increased by AZN 412 million or 22.72% up to AZN 2.225 bn.

"Over the past quarter our loan portfolio grew by AZN 10.3 million or 0.79% up to AZN 1.3 bn and deposit portfolio by AZN 318.99 million or 27.24% up to AZN 1.489 bn. We finished the 1st quarter with net profit of $7.522 million," Xalq Bank reported.

 

 

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