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ADIF sees 32% growth in profit
Finance
- 12 June, 2019
- 08:34
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As of January 1, 2019, the assets of the Azerbaijan Deposit Insurance Fund (ADIF) stood at AZN 952.342 million, down 3.95% from the previous year, Report informs citing ADIF’s financial statement.
AZN 790.336 million of ADIF’s assets was government bills, up 0.15% in comparison to a year earlier.
Liabilities dropped by 86.3% to AZN 11.705 million, compensation payments slipped 83.8% to AZN 11.693 million, total capital rose by 3.85% to AZN 940.638 million.
ADIF ended 2018 on AZN 104.978 million in profit, up 32% in comparison to a year earlier.
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