AGBank increases Q1 deposit portfolio by 21%

AGBank increases Q1 deposit portfolio by 21%
# 29 April 2011 11:38 (UTC +04:00)
Baku. Elnur HUyenguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based AGBank’s deposit portfolio stood at AZN 144.364 mln, up 21.2% from year earlier.

Bank says term deposits rose 17.2% to AZN 101.848 mln, demand deposits soared 32.3% to AZN 42.515 mln, population’s deposit surged 25% to AZN 129.111 mln.

Remind that, AGBank has been in operation since 1992. The bank operates 16 branches, 55 ATMs and 377 POS-terminals across the country.
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