Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2010, Azerbaijan-based Xalg Bank’s assets stood at AZN 534,605 mln, up 38.4% compared with a year ago.
Bank says deposit portfolio rose by5.4% to AZN 220,784 mln. Including population’s deposits grew by 7.1% to AZN 174,479mln and AZN 10.900 mln. Loan portfolio 38% increased to AZN 471,252 mln, consumption loan soared by 2.1 times to AZN 12,949 mln. The total capital grew by 33.5% to AZN 83,160 mln and authorized capital remained unchanged at AZN 53,550 mln.
Revenue rose by 38.2% to AZN 13,693 mln, expenditure 37% increased to AZN 6,659 mln. Profit grew by 39.4% to AZN 7,034 mln.
Staffs rose by 31.3% to 348.
Xalg Bank has been in operation since 204. Bank operates 11 branches, 32 ATMs and 48 POS-terminals
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