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Bank Nikoil increased its net profit by almost 28%
BAKU/30.10.13/TURAN : JSC Bank Nikoil in the first three quarters of 2013 net profit after tax of $ 2.59 million manat, which is 27.5 % more than the same period in 2012 . The bank's earnings were equal to 26.18 million manat , expenses - 23.59 million manat, increasing by 1.2 % and 8.3 %.
Assets increased in January -September, up 16.6 % to 243.86 million manat. The volume of issued and corporations loans increased by 17.3 % and amounted to 190.25 million manat.
The total liabilities of the bank increased from 173.67 million to 194.31 million manat. The deposit portfolio increased by 16.9 % to 134.31 million manat, including term client investments increased by 17.1 % to 119.16 million manat.
The balance sheet assets reached 49.55 million manat. The total capital grew by 47.3 % higher than the 45.72 million manat, and the paid charter capital - by 53.3 % to 34.5 million manat. - 15B -
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