Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2010, Azerbaijan-based Bank Standard’s assets stood at AZN 589.049 mln, up 9.2% compared with a year ago.
Bank says, loan portfolio rose by 2.02% to AZN 391.682 mln, consumption loans 41.4% decreased to AZN 49.682 mln, deposit portfolio grew by 38.1% to AZN 211.994. Total capital declined by 6.2% to AZN 74.442 mln, authorized capital remained unchanged at AZN 64.5 mln.
Revenue down by 10.3% to AZN 19.525 mln, expenditure 2.9% fell to AZN 16.151 mln. Profit dropped 34.2% to AZN 3.374 mln.
Bank Standard has been in operation since 1995. The bank operates 17 branches, 67 ATMs and 428 POS-terminals across the country.
Bank Standard sees 38% growth in deposit portfolio year-on-year
27 April 2010 08:22 (UTC +04:00)
İDMAN XƏBƏR
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