Parabank gets rise in personal savings

Parabank gets rise in personal savings
# 04 September 2015 12:13 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. Parabank’s assets in the second quarter of 2015 made AZN 186.913 mln, up 48.75% from previous year.

Bank says the loan portfolio rose 30.35% to AZN 94.754 mln, overdue credits raised 54.60% to AZN 19.812 mln, deposit portfolio surged 37.20% to AZN 90.132 mln, and personal savings grew 26.48% to AZN 80.925 mln.

Total capital went up 2.52 times to AZN 52.970 mln, authorized capital soared 3.36 times to AZN 38,887,000.

Incomes dropped 33.73% to AZN 14.229 mln, expenditures slid 34.67% to AZN 13.174 mln.

Profit made AZN 1.055 mln.

The bank operates 16 branches, 16 ATMs and 200 POS-terminals across the country.

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