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ABB-Moskva increases profit by 2.5 times

17 February 2011 08:02 (UTC +04:00)

Moscow. Farid Akberov â€“ APA. International Bank of Azerbaijan-Moscow (ABB-Moskva) has held press conference about the results of 2010. According to APAâ€™s Moscow bureau, as of January 1, 2011, bankâ€™s total assets rose 23% to RR 17 766 mln, total capital increased by 27.6% to RR 1.567 mln. Profit soared 146.6% to RR 95.4 mln, As of October 1, 2010, bank ranked 143rd for net assets, 128th for loan portfolio, 111th for loans given to legal entities.
Rest of money in customersâ€™ account dynamically grew to RR 5 090 mln. Individuals means surged 95.7% to RR 2 168 mln, legal entitiesâ€™ means soared 6.5% to RR 2 921 mln.
Loan portfolio climbed 20.1% to RR 11 129 mln, lolan given to legal entities gained 11.1% to RR 9 445 mln: â€œABB-Moskva is an active operator among the interbanks credit market and the its involved means rose 36.1% to RR 11 445 mln. 115 000 moneytransfer operations have been conducted in amount of $ 106 mln, last yearâ€, said the bank. Besides, bank has established 169 POS-terminals and 39 ATMs during teh same period.