Baku. Elnur Huseynguluyev – APA-Economics. As of July 1, Azerbaijan-based Zamin Bank posted its assets at AZN 150.331 million, up 30.2% from a year ago.
The bank said deposit portfolio dropped by 12% to AZN 33.169 million while loan portfolio increased by 28.5% to AZN 89.064 million.
Total equity capital grew by 9.2% to AZN 14.151 million and authorized capital stock stood at AZN 11.195 million.
Revenue rose by 16.3% year-on-year to AZN 6.632 million and expenditure went up by 8.5% to AZN 5.546 million. Profit jumped by 84% year-on-year to AZN 1.086.
The bank established 10 branches, 5 ATMs and 938 POS terminals over the past one year.
Established in 1992, Zamin Bank operates 30 branches, 6 offices, a representative office in Mosocw, 25 ATMs and 1 876 POS terminals across the country. The bank employs 456 people.
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