Bank Of Baku

Atrabank sees 32% extension in loan portfolio

Atrabank sees 32% extension in loan portfolio
# 04 May 2011 09:26 (UTC +04:00)
Baku. Elnur HUseynguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based Atrabank’s loan portfolio stood at AZN 31.387 mln, up 32% from year earlier.

Bank says the loan given until 12 months rose 52% to AZN 23.176 mln, over 12 months slipped 8.2% to AZN 5.206 mln, consumer lending soared 57.7% to AZN 9.155 mln.

Overdue credits surged 3.19% to AZN 3.005 ml. n

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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