Bank Eurasia's cash volume drops more than by 29 million manats

11:45 - 18.01.2024


January 18, Fineko/abc.az. In 2023, the financial assets of Bank Eurasia sharply decreased by 39.7 million manats (by 17.72%).

Thus, in 2022, the volume of cash and cash equivalents, amounting to 55.83 million manats, suddenly fell by 29.075 million manats (by 52.08%) to 26.754 million manats.

ABC.AZ reports that however, the decline in trading and investment securities was very sharp.

Thus, at 17.95 million manats in the previous year, these finances sharply declined by 10.378 million manats (by 57.82%) to 7.573 million manats. There has also been serious reduction in the target reserves created for possible losses.

It is obvious that the financial situation of Bank Eurasia, which entered 2024 with heavy financial losses, has deteriorated even more.