Naxçıvan Bank deposit portfolio decreased by 27.8%

16:29 - 24.07.2023

July 24, Fineko/abc.az. The deposit portfolio of Naxçıvan Bank in the 2nd quarter amounted to AZN 112.2 million (AZN 43.2 million, or 27.8% less than at the end of 2022).

ABC.AZ informs that according to Bank's report, AZN 9 million of the deposit portfolio are deposits of individuals and AZN 101 million are deposits of legal entities.

Deposits of individuals over the past 6 months decreased by AZN 1.3 million, or 13.1%, and deposits of legal entities by AZN 44 million, or 30.4%.

The capital of Naxçıvan Bank decreased by AZN 4.89 million, or 4.4% to AZN 107.3 million.

Bank’s retained earnings totaled AZN 28.969 million. And at the end of 2022, the bank made profit of AZN 25.364 million(14.2% more).