Bank Of Baku

Deka Bank gets 23% growth in deposit portfolio

Deka Bank gets 23% growth in deposit portfolio
# 15 October 2010 11:38 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, 2010, Azerbaijan-based Deka Bank’s assets stood at AZN 36.376 mln, up 14.3% compared with a year ago.

Bank says the deposit portfolio rose 22.7% to AZN 10.573 mln, population’s deposit made AZN 9.572 mln. Loan portfolio increased by 4.4% to AZN 27.599 mln, consumer lending by 26% to AZN 11.868 mln.

Total capital grew 20% to AZN 14.451 mln, authorized capital ended up 30% at AZN 12.439 mln.

Income slid 7% to AZN 3.776 mln, expenditure gained 9.1% to AZN 2.131 mln. Profit slipped 22% to AZN 1.644 mln.

Deka Bank has been in operation since 1992. The bank operates 7 branches, 1 ATM and 16 POS-terminals.
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