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Deka Bank achieves a 24% rise in assets

29 April 2009 13:11 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-Economics. As of April 1, Azerbaijan-based Deka Bankâ€™s assets stood at AZN 31419 million, up 24.3% on the previous year.

The bank told APA-Economics that loan portfolio increased by 38.2% to AZN 24.228 million, deposit portfolio increased 55% to AZN 8.067 million, total equity capital went up by 7.4% to AZN 12.131 million and authorized capital stock stood at AZN 9.594 million.
Consumer loans grew 57.6% to AZN 9.594 million.

Consumer lending grew by 57.6% to AZN 9.100 million.

Revenue rose by 43.1% year-on-year to AZN 1.982 million and expenditures increased by 66% to AZN 0.649 million.

Profit rose by 34.2% to AZN 1.333 million.

The number of bankâ€™s employees increased to 77.

Established in 1992, Deka Bank operates 6 branches, 1 ATM and 13 POS terminals across the country.