The loan portfolio of AFB Bank OJSC decreased by 9.4% and made up AZN 181.01 million in 2015.
But, as stated in his report, 7.2% of its assets grew, reaching 312 million 574 thousand AZN by January 1 and the liabilities grew by 10.5% to 234.07 million manats.
The deposit accounts grew by 7.6% and amounted to 123 million 281 thousand AZN, including deposits of the population - 20 million 764 thousand manats.
The bank’s ownership capital by the end of the reported period was at the level of 78 million 504.9 thousand manats (+ 5.6%). During the year there was no change in the authorized capital of 70 million 393.46 thousand manats.
The bank completed last year with a net profit of 2 million 79.4 thousand manats.
AFB Bank OJSC has been operating in the market from 28 November 2008. The main shareholder is Gilan Ltd. (99.2%), with two individuals besides that. --17D-
Economics
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