Bank Of Baku

Unibank decreases finance indexation sharply

Unibank decreases finance indexation sharply
# 26 April 2010 11:54 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2010, Azerbaijan-based Unibank’s assets stood at AZN 347.378 mln, down 7.2% compared with a year ago.

Bank says that, deposit portfolio rose by 63% to AZN 145.873, population’s deposit 79.6% increased to AZN 112.155 mln. Loan portfolio 23% declined to AZN 220.705 mln, consumption loan down by 23.3% to AZN 93.093 mln. Total capital 17.2% decreased to AZN 57075 mln, authorized capital doubled to AZN 30 mln.

Revenue 31% increased to AZN 10.845 mln, expenditure fell 18.2% to AZN 10.787 mln. Profit down by 42.6 times AZN 57 830.

Staff rose by 8.7% to 585, average monthly salary 6% increased to AZN 1080.

Unibank has been in operation since 1992. The bank operates 25 branches, 64 ATMs and 244 POS-terminals.
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