Amrahbank sees 26% growth in deposit portfolio
The bank said loan portfolio rose 0.79% to AZN 39.898 million, deposit portfolio increased 25.96% to AZN 41.176 million, total capital decreased by 5.16% to AZN 20.653 million and authorized capital remained unchanged at AZN 12.821 million.
Consumer loans grew 3.28% to AZN 25.223 million.
For 2009, revenue rose 8.89% to AZN 9.981 million and expenditures increased 7.15% to AZN 4.647million.
Profit dropped by 49.14% to AZN 1.740 million.
The number of employees declined 0.6% to 339 and salary rose 39.02% to AZN 570 on average.
Owned by 5 individuals, Amrahbank has been in operation since 1993.
The bank operates 24 branches, 18 ATMs and 50 POS terminals.
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