Amrahbank sees 11% rise in loan portfolio

Amrahbank sees 11% rise in loan portfolio
# 27 April 2011 07:24 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based Amrahbank’s loan portfolio stood at AZN 74.890 mln, down 8.1% from year earlier.

Bank says loan portfolio rose 11% to AZN 48.858 mln, deposit portfolio extended 8% to AZN 41.994 mln.

Total capital rose 3.48% to AZN 21.921, authorized capital increased by 12.2% to AZN 14.387 mln.

Number of bank’s clients rose 1.8% to 32,120, individuals rose 2% to 28,12, legal entities decreased by 0.5% to 3,508. number of plastic cards rose 1.4% to 3,501, debet cards rose 8.5% to 3,317, credit cards decreased by 53.4% to 184.

Besides, number of bank’s employees decreased by 19.5% to 273, average monthly wages rose 44.7% to AZN 933.

Remind that, Amrahbank has been in operation since 1993. The bank operates 20 branches, 20 ATMs, 58 POS-terminals.
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