Bank Of Baku

Atrabank gets 20% growth in assets year-on-year

Atrabank gets 20% growth in assets year-on-year
# 29 April 2011 13:41 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based Atrabank’s assets stood at AZN 42.597 mln, up 20% from year earlier.

Bank says deposit portfolio rose 69.6% to AZN 10.969 mln, loan portfolio soared 32% to AZN 31.387 mln.

Total capital surged 2.27% to AZN 11.151 mln, including authorized capital made AZN 10.425 mln.

Clients increased by 0.5% to 6,687, active plastic cards gained 13.3% to 1,007, staffs rose 8.05% to 188, average monthly salary slipped 15% to AZN 360.

Remind that, Atrabank has been in operation since 1992. THE bank operates 13 branches, 12 ATMs and 29 POS-terminals across the country.
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