Overdue Loans Account for 11.12% of Pasha Bank’s Credit Portfolio
The assets of Pasha Bank in the third quarter of 2016 to the beginning of the year increased by 30.2% (64 million 638.919 thousand manat), amounting to 2 billion 782 million 552.880 thousand manat.
According to Turan, during the reporting period, the bank's liabilities amounted to 2 billion 413 million 947.21 thousand manat (an increase of 35.9% - 637 million 821.67 thousand manat).
The growth of the bank's capital amounted to 2.37% for the period (856.751 thousand manat), reaching 368 million 605.66 thousand manat.
In the third quarter Pasha Bank’s profit was 12 million 654 thousand manat.
The volume of overdue loans is equal to 89 million 992 thousand manat. Overdue loans accounted for 11.12% of the total loan portfolio. In the second quarter of 2016, overdue loans amounted to 97 million 350 thousand manat.
The debt of Pasha Bank to the Central Bank is 23 million manat. -----71D
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