Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2010, Azerbaijan-based Expressbank’s assets stood at AZN 139.951 mln, up thrice compared with a year ago.
Bank says deposit portfolio and population’s deposits rose by 2.1 times to AZN 11.156 mln and AZN 10.900 mln. Loan portfolio 75.3% increased to AZN 28.330 mln, consumption loan soared 74% to AZN 11.940 mln. The total capital and authorized capital grew by 2.3 times to AZN 27.205 mln and AZN 25 mln.
Revenue rose by 2.5 times to AZN 2.945 mln, expenditure 2.1 times increased to AZN 2.267 mln. Profit grew by 8.5 times to AZN 0.678 mln.
Bank established 4 branches, 18 ATMs and 1 POS-terminals. Staffs rose by 32.7% to 146, average monthly salary 75% increased to AZN 700.
Expressbank has been in operation since 1989 former Azernegliyyatbank till 2010. Bank operates 8 branches, 20 ATMs and 1 POS-terminals
Expressbank sees growth in finance indexation in first quarter
23 April 2010 08:14 (UTC +04:00)
İDMAN XƏBƏR
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