Gunaybank sees 23% growth in deposit portfolio

Gunaybank sees 23% growth in deposit portfolio
# 12 May 2010 08:01 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2010, Azerbaijan-based Gunaybank’s assets stood at AZN 33.083 mln, up by 15.8% compared with year ago.

Bank says, deposit portfolio rose by 23.2% to AZN 9.245 mln, loan portfolio 12% increased to AZN 28.534 mln. Total capital grew by 12.2% to AZN 13.191 mln, authorized capital remained unchanged at AZN 10.892 mln.

Revenue surged 5.5% to AZN 1.376 mln, expenditure soared 80% to 0.777 mln. Profit down by 31.4% to AZN 0.599 mln.

Owned by 10 local individual persons Gunaybank has been in operation since 1992. The bank operates 1 branch, 1 exchange point, 1 ATM and 1 POS-terminal.
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