Access Bank Completed Third Quarter with Loss Exceeding AZN 48 Million
2017 November 01 ( Wednesday ) 14:51:50
Baku / 01.11.17 / Turan: Access Bank"s assets in the third quarter of 2017 decreased by 202 million 087 thousand manat or 19.2% compared to the same period of the previous year, amounting to 852 million 001 thousand manat.
During the reporting period, the bank"s liabilities decreased by 196 million 415 thousand manat or 20.2% and amounted to 773 million 644 thousand manat.
The deposits reached 376 million 792 thousand manat (an increase of 107 million 615 thousand manat or 40%).
The debt of Access Bank to the Central Bank of Azerbaijan for this period declined from 30 million manat to 10 million manat.
Deposits from banks and other financial organizations for the year decreased from 73 million 091 thousand manat to 36 million 868 thousand manat, and loans from other financial institutions decreased from 503 million 284 thousand manat to 269 million 755 thousand manat.
The bank"s capital decreased by 5 million 672 thousand manat or 6.8%, amounting to 78 million 357 thousand manat.
Access Bank completed the first three quarters of the year with a loss of 48 million 298 thousand manat. -71D-