IBA faces AZN 216 mln-loss

International Bank of Azerbaijan’s assets in the first half of 2015 made AZN 10,767,061,000, up 17.1% from previous year.

Bank says the loans given to clients amounted to AZN 9,352,608,000.
 
As of July 1, 2015, the liabilities made AZN 10,235,781,000, up AZN 1,723,597,000 or 20.25% from early 2015.
 
Share of customer accounts made AZN 4.658 bln, funds involved from other financial institutions AZN 2.243 bln, subordinated loans AZN 720.108 mln.
 
Total capital fell 164.755 mln to AZN 521.829 mln, authorized capital rose AZN 51.095 mln to AZN 164.755 mln.
 
Loss amounted to AZN 215.85 mln.

(APA)