Bank Of Baku

Pasha Bank gets 52% rise in assets

Pasha Bank gets 52% rise in assets
# 18 October 2010 13:39 (UTC +04:00)
Baku. Elnur Husewynguluyev – APA-Economics. As of October 1, 2010, Azerbaijan-based Pasha Bank’s assets stood at AZN 381.120 mln, up 52.4% compared with a year ago.

Bank says deposit portfolio extended 79.4% to AZN 197.457 mln, population’s deposit made AZN 82.718 mln, loan portfolio rose by 2.3 times to sAZN 197.821 mln, consumer lending stood at AZN 2.177 mln.

Total capital approximately increased by 12% to AZN 135.521 mln, authorized capital by 15.4% to AZN 115.4 mln.

Income gained 51.3% to AZN 29.448 mln, expenditure increased by 2.6 times to AZN 19.724 mln. Profit slid 19% to AZN 9.724 mln.

Pasha Bank has been in operation since 2007.
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