Mugan Bank’s Loss Exceeds AZN Four Million
2017 October 24 ( Tuesday ) 11:37:45
Baku / 24.10.17 / Turan: In the third quarter of 2017, the assets of Mugan Bank decreased by 60 million 802 thousand manat or 12.5% compared to the same period of the previous year, amounting to 423 million 923 thousand manat.
During the reporting period, the bank"s liabilities amounted to 365 million 265 thousand manat (a decrease by 61 million 673 thousand manat or 14.4%).
The bank"s capital in annual terms increased by 871 thousand manat or 1.5% and is 58 million 658 thousand manat.
For the three quarters of 2017 the bank received AZN 804,000 as income from foreign currency operations.
The bank completed three quarters of this year with a loss of 4 million 626 thousand manat. -71D-