"Nakhchivan Bank" has published financial indices for the first quarter of 2023. In January-March, the bank gained a profit of 5.1 million manats which is up by 44.1% from the same period of the last year. As of the beginning of this year the assets of 'Naxçivan Bank' amounted to 2% less than at the beginning of Aprilof the last year - 313.9 million manats, including a net loan portfolio of 12% more - 167.7 million manats. The bank's liabilities amounted to 196.9 million manats (10.2% less), including the deposit portfolio -112.45 million manats (24.9% less), the balance sheet capital -117 million manats (15.6% more), the authorized capital -94 million manats (4.7% more).
Source: Turan News Agency