Baku. Elnur Huseynguluyev - APA-Economics. As of April 1, Azerbaijan-based Azernegliyyatbank posted its assets at AZN 46.420 million, up 2.4 times on a year ago.
The bank said deposit portfolio fell by 30% to AZN 5.268 million while loan portfolio dropped by 1.3% to AZN 16.157 million, total capital increased by 5.1% to AZN 11.655 million and authorized capital stock rose by 1% to AZN 10.784 million.
Consumer lending went up by 8.1% to AZN 6.862 million.
Revenue increased by 2.3 times year-on-year to AZN 2.320 million and expenditure rose by 2.2 times to AZN 2.087 million. Profit jumped by 3.8 times to AZN 0.233 million.
The number of employees increased by 7.8% to 110 and average monthly salary rose by 57.4% to AZN 543.
Established in 1989, Azerneqliyyatbank is owned by legal entities (41.4%) and individuals (58.6%). It operates 4 branches across the country.
Azerneqliyyatbank gets 2.4 times year-on-year rise in assets
14 May 2009 12:35 (UTC +04:00)
İDMAN XƏBƏR
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