Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, Azerbaijan-based AtaBank posted its assets at AZN 188.685 million, up 40.2% from a year ago.
Deposit portfolio increased by 42.9% to AZN 154.940 million, loan portfolio rose by 39% to AZN 121.261 million while consumer lending plunged by 8.1% to AZN 37.872 million.
Total equity capital went up by 32% to AZN 24.854 million and authorized capital stock grew by 3.4% to AZN 15 million.
As compared to a year ago, revenue tripled to AZN 19.195 million and expenditure more than tripled to AZN 15.636 million. Profit surged by 80.2% to AZN 3.559 million.
Established in 1993, AtaBank operates 16 branches across the country.
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