Profitable JSC Azerbaycan Senaye Banki

The assets of JSC Azerbaycan Senaye Banki in the first half of the year amounted to 404,280,190 manat (19.2% YTD), it is said in its report. The bank's loan portfolio as of 1 July was equal to 143,075,190 manat (17.8%).

The bank's obligations are 334,170,000 manat (22.6%). The deposit portfolio is equal to 219,873,510 manat (minus 7.3%).

The net capital is 64,990,720 manat (5.9%) and the authorized capital is 60 million manat.

This financial structure of the income - net profit in January-June was equal to 2,036,300 manat. Recall that in Azerbaijan there are 43 commercial banks, of which 8 to July 1 were unprofitable.

JSC Azerbaycan Senaye Banki has operated since 1996, with the participation of the Turkish capital. --17D-

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