Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2010, Azerbaijan-based Amrahbank’s assets stood at AZN 81.496 mln, up 32.6% compared with a year ago.
Bank says deposit portfolio rose by 25% to AZN38.868 mln, population’s deposit reached azn 23.732 mln. Loan portfolio grew by 11.5% to AZN 44.092 mln, consumption loan 22.4% increased to AZN 29.977 mln. Total capital made AZN 21.184 mln, authorized capital stood at AZN 12.821 mln.
Revenue soared 8.6% to AZN 3.287 mln, expenditure rose by 21.2% to AZN 2.837 mln. Profit made AZN 450 000. Staff 7.3% increased to 351, average monthly salary grew by60.4% to AZN 645.
Owned by 5 individual persons (51%) and International Investment Bank: Bahrain (49%) Amrahbank has been in operation since 1993. The bank operates 22 branches, 19 ATMs and 51 POS-terminals.
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