VTB Bank Cut Its Debt to Central Bank by 8.7%
2017 October 30 ( Monday ) 15:37:18
Baku / 30.10.17 / Turan: VTB Bank assets in the third quarter of 2017 increased by 12 million 026 thousand manat or 5% compared to the same period of the previous year, amounting to 249 million 316 thousand manat.
During the reporting period, the bank's liabilities increased by 12 million 411 thousand manat or 6.3% and reached 210 million 364 thousand manat.
In particular, customers" demand deposits increased from 6 million 582 thousand manat to 17 million 125 thousand manat, and their timed deposits increased from 47 million 196 thousand manats to 52 million 188 thousand manats. Loans from financial institutions grew from 65 million 999 thousand manat to 76 million 325 thousand manat.
At the same time, the debt of VTB Bank to the Central Bank of Azerbaijan decreased by 3 million 008 thousand manat or 8.7%, amounting to 31 million 360 thousand manat.
The bank"s capital for the specified time decreased by 386 thousand manat or 1% and is 38 million 950 thousand manat.
The bank completed three quarters of this year with a profit of 162 thousand manat. -71D-