Baku. Parviz Nuriyev – APA-Economics. As of October 1, 2014, the assets of Bank VTB (Azerbaijan) stood at AZN 263 mln, up AZN 97 mln from previous year.
Bank says the loan portfolio made AZN 246 mln. Compared to a year earlier, the lending rose AZN 97 mln. Of this, 53% belonged to business-loans (32% for micro and small business, 21% medium and large business), 47% - to consumption loans (27% for car loans, 16% for cash loans).
Deposit portfolio stood at AZN 14 mln. Incomes grew AZN 1.7 mln to AZN 3 mln.
Total capital increased AZN 17 mln to AZN 48 mln.
The bank also launched 5 branches and plans to launch more 3 branches by the year-end.
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