Kapital Bank gets profit last year

Kapital Bank gets profit last year
# 22 May 2015 09:09 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of January 1, 2015, Kapital Bank’s assets stood at AZN 1.375 bln, up AZN 321 mln or 31% from previous year.

Bank says the average growth rate of the assets made 24%.

Loan portfolio increased AZN 189 mln or 27.5% to AZN 878 mln, deposit portfolio raised AZN 183 mln or 43% to AZN 607 mln.

Authorized capital advanced 2.3 times to AZN 186 mln, total capital went up 66% to AZN 294 mln.

Interest incomes doubled to AZN 128 mln, non-interest incomes stood at AZN 65 mln, profit also doubled to AZN 68 mln.

In 2014, bank allocated AZN 355 mln to business development in the country. Total portfolio of the loans allocated to real sector through National Entrepreneurship Support Fund amounted to AZN 47 mln.

#
#

THE OPERATION IS BEING PERFORMED