NBCBank increased its net profit doubled
JSC NBCBank in the first three quarters of 2013 had a net profit after tax of 4.06 million manat , which is twice more than the same period in 2012 . The bank's earnings were equal to 11.36 million manat, and the expenses were 7.57 million manat, increasing by 25 % and 4.1 %.
Assets increased in January -September by 23 %, amounting to 105.77 million manat. The volume of issued and corporations loans increased by 19.7 % and amounted to 83.73 million manat.
The total liabilities of the bank increased from 61.74 million to 72.3 million manat. The deposit portfolio increased by 27.5 % to 50.65 million manat, including term client investments increased by 22.6 % to 45.46 million manat.
Balance sheet assets reached 33.47 million manat. The total capital grew by 39.3 % higher than 32.21 million manat, and the paid charter capital grew by 36% to 26.54 million manat. - 15B -
Economics
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