Baku. Elnur Huseynguluyev – APA-Economics. As of July 1, Azerbaijan-based Pasha Bank’s assets stood at AZN 246.967 million, up 65.2% from a year ago.
On year-on-year basis, deposit portfolio increased by 2.6 times to AZN 113.438 million, lending portfolio doubled to AZN 76.563 million and consumer lending reached AZN 0.614 million.
Total equity capital rose by 12.5% to AZN 113.438 million and authorized capital remained steady at AZN 100 million.
Revenue increased by 2.7 times to AZN 12.392 million and expenditure rose by 3.8 tomes to AZN 6.383 million.
Profit doubled year-on-year to AZN 6.008 million.
Pasha Bank, owned by pasha Holding Group, has been in operation since November 2007.
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