Total assets of this bank decreased more than by AZN 14 million

16:45 - 10.07.2020

July 10, Fineko/abc.az. The branch of the Iranian Bank in Baku has published the data about its financial position for the 1st half of 2020.

ABC.AZ informs with reference to Bank's financial report that on 30 June 2020 branch's assets totaled only AZN 83.98 million.

This means a reduction of AZN 14.737 million or 15% compared with the end of last year. The decrease is linked with lower investments in cash and securities.