The assets of JSC Qafqaz Inkishaf Banki as of October 1 increased by 8.4% to 159 million 363.2 thousand manat. Thus its loan portfolio in the reporting period was at 151 million 336.5 thousand manat (+ 18.2%).
The liabilities also rose by 13.9% to 95 million 121.6 thousand manat. Net profit stood at 967.7 thousand manat. Slightly (+ 1.1%) increased equity capital - 64 million 241.5 thousand manat at constant (60 million manat) of the authorized capital.
On deposit accounts accumulated 8 million 448 thousand manat (+ 3.5%), of which the main part consists of deposits of the population - 7 million 789.4 thousand manat (minus 1.4%).
JSC Qafqaz Inkishaf Banki has been operating from April 1996. The head of the Supervisory Board is Eldar Ismayilov and the Chairman of the Board is Zeki Kangarli. --17D-
Economics
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