The net loss of Bank Avrasiya based on performance in January-September this year amounted to 591,800 manat.
According to this bank small by local standards, its total assets increased by only 1.4% - up to 82,685,500 manat, while the loan portfolio is at AZN 58,431,100 (+ 8.3%).
The bank's liabilities amount to 52.434 million manat (minus 10.3%). The deposits also decreased - by 14.8%, amounting to 17,060,000 manat by October 1.
This bank is one of the contenders for the "elimination" from the list - its net worth is at the level of 30.2514 million manat (+ 31.1%) and the authorized capital is 30 million AZN.
Bank Avrasiya got its banking license on November 28, 2007. --17D-
Economics
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