Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2010, Azerbaijan-based Mugan Bank’s assets made AZN 154 606 000, 42.1% up compared with same period of 2009.
Bank says that, deposit portfolio rose by 34.3% to AZN 55 608 000, including of population’s deposits 55.3% increased to AZN 44 987 000. At the same time loan portfolio 82.7% up to AZN 108 060 000, including of consumer loans rose by 41.4% to AZN16 099 000.
Total capital 8.7% increased to AZN 22 203 000 and authorized capital grew by 5.6% to AZN 19 mln.
Incomes rose by 71% to AZN 5 312 000, expenditure 22.3% increased to AZN 4 584 000.
Owned by 4 individual person Mugan Bank has been in operation since 1992. The bank operations 28 branches, 30 ATMs and 69 POS-terminals across the country.
Mugan Bank sees 34% rise in deposit portfolio year-on-year
16 April 2010 13:55 (UTC +04:00)
İDMAN XƏBƏR
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