Deposits of Access Bank Decreased by 3.8%
Assets of Access Bank in the third quarter of 2016 decreased compared to the beginning of the year by 11.3% (134 million 709 thousand manat), amounting to 1 billion 54 million 88 thousand manat.
The obligations of the bank during the reporting period decreased by 60 million 498 thousand manat (5.8%) and accounted for 970 million 59 thousand manat.
The deposits of Access Bank decreased by 10 million 635 thousand manat (3.8%) and amounted to 269 million 177 thousand manat.
The debt of the bank to the Central Bank of Azerbaijan increased from 20 million to 30 million manat from the beginning of the year.
The capital of Access Bank for the reporting period amounted to 84 million 29 thousand manat (a decrease of 46.9% - 74 million 211 thousand manat). ----71D
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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