Bank Of Baku

Expressbank’s financial indexations rise year-on-year

Expressbank’s financial indexations rise year-on-year
# 21 July 2010 15:32 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of July 1, 2010, Azerbaijan-based Expressbank’s assets stood at AZN 76.329 mln, up 9.5% compared with a year ago.


Bank says the deposit portfolio decreased by 24% to AZN 43.071 mln, population’s deposit rose by 2.1 times to AZN 11.892 mln. Loan portfolio ended up 2.3% to AZN 37.811 mln, consumer lending grew 88% to AZN 12.676 mln.

Total capital surged by 2.2 times to AZN 28.047 mln, authorized capital by 2.4 times to AZN 26 mln.

Revenue fell 28.2% to AZN 6.560 mln, expenditure 37% declined to AZN 5.089 mln. Profit soared 37% to AZN 1.471 mln.

Bank established 2 branches, 19 ATMs and 1 POS-terminals during the same period. Staffs rose by 18% to 165, average monthly salary ended higher 17% to AZN 700.

Expressbank has been in operation since 1989. The bank operates 10 branches, 26 ATMs and 1 POS-terminals across the country.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED