Unibank sees 12% rise in deposit portfolio

Unibank sees 12% rise in deposit portfolio
# 25 April 2011 08:39 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based Unibank’s assets stood at AZN 163.762 mln, up 12.3% from year earlier.

Bank says the term deposits rose 20.5% to AZN 120.068 mln, demand deposits slipped 5.5% to AZN 43.694 mln. Population’s deposits soared 28.6% to AZN 128.188 mln.

Foreign liabilities surged 4% to AZN 85.210 mln.

Besides, investments in securities market were zero. Note that, bank had invested AZN 8.051 mln in this sphere, last year.

Remind that, Unibank has been in operation since 1992. The bank operates 24 branches across the country.
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