AccessBank sees 41% growth in loan portfolio

AccessBank sees 41% growth in loan portfolio
# 23 July 2014 15:01 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. AccessBank’s assets stood at AZN 927.002 mln in the second quarter of 2014, up 41.68% from previous year.

Bank says the loan portfolio rose 41.43% to AZN 728.058 mln, consumer lending soared 33.25% to AZN 83.016 mln, mortgage lending grew 80.55% to AZN 22.957 mln, overdue credits climbed 15.81% to AZN 2.513 mln.

Deposit portfolio surged 51.29% to AZN 255.603 mln, personal savings were equal to AZN 184.622 mln, up 62.63% n annual comparison.

Total capital increased by 27.29% to AZN 140.364 mln, authorized capital remained unchanged at AZN 85 mln.

Incomes – AZN 84.895 mln (+34.05%)

Expenditures – AZN 57.508 mln (+24.5%)

Profit – AZN 22,557,560.

The bank operates 42 branches, 56 ATMs across the country.

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