Xalq Bank’s assets increased by AZN 21.73 million (28.2%) and made up AZN 98.74 million in Q1, 2007. The loan portfolio increased by AZN 27.17 million (46.9%) and made up AZN 84.98 million.
The bank's liabilities decreased from AZN 66.5 million to AZN 60.7 million. The deposit portfolio decreased by 10.3% and made up AZN 57.21 million. The timed deposits however increased by 18.7% and made up AZN 48.76 million.
The bank's balance capital exceeded AZN 38.03 million. Its aggregate capital totaled AZN 33.35 million, and its paid-up authorized capital was AZN 36.25 million (+271% and +263% respectively).
The bank's income increased 4.9 times to AZN 3.03 million, and its expenses increased 3.4 times to AZN 3.77 million. The losses totaled AZN 740,000 (+AZN 235,000 against Q1, 2006)
