Bank Avrasiya’s deposit portfolio decreases by 15%

Bank Avrasiya’s deposit portfolio decreases by 15%
# 21 July 2010 07:50 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of July 1, 2010, Azerbaijan-based Bank Avrasiya’s assets stood at AZN 46.031 mln, down 4.4% compared with a year ago.

Bank says the deposit portfolio decreased by 14.7% to AZN 18.997 mln, loan portfolio dropped 2.5% to AZN 21.226 mln, consumer lending slid 45.3% to AZN 4.198 mln. Total capital ended down 4% to AZN 20.431 mln, authorized capital remained unchanged at AZN 20 mln.

Income declined 36% to AZN 1.969 mln, expenditure 19% to AZN 1.738 mln. Profit fall 75% to AZN 0.231 mln.

Bank Avrasiya was licenced in November, 2007. The bank operates a branch, 4 ATMs and 24 POS-terminals.
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