Bank Of Baku

Bank SilkWay increases profit by 36% year-on-year

Bank SilkWay increases profit by 36% year-on-year
# 01 November 2010 08:21 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, 2010, Azerbaijan-based Bank SilkWay’s assets stood at AZN 50.096 mln, up 27% compared with a year ago.

Bank says the deposit portfolio decreased by 40% to AZN 8.252 mln, population’s deposit by 60% to AZN 2.639 mln. Loan portfolio rose 12% to AZN 34.286 mln, consumer lending increased by 2.4 times to AZN 4.514 mln. Total capital soared 59% to AZN 34.432 mln, authorized capital surged 61% to AZN 32.190 mln.

Income climbed 69% to AZN 5.337 mln, expenditures approximately doubled to AZN 3.652 mln. Profit gained 36% to AZN 1.685 mln.

Staffs ended up 14 to 104, average monthly salary grew 26% to AZN 1 071.

Bank SilkWay has been in operation since 1993. The bank operates 8 branches, 19 ATMs and 24 POS-terminals across the country.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED