Bank Of Baku

Royal Bank sees 21% rise in assets

Royal Bank sees 21% rise in assets
# 04 May 2011 12:45 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2011, Royal Bank’s assets stood at AZN 181.025 mln, up 21.2% for a year ago.

Bank says that loan portfolio rise 17.6% to AZN 127.512 mln, deposit portfolio decreased by 22.6% to AZN 76.142 mln. Total capital of the bank increased by 18.8% to AZN 22.829 mln, authorized capital rise 7.3% to AZN 22.139 mln.

Number of clients rise 13.4% to 53,996, individuals rise 13.2% to 51,846, legal entities – 18.3% to 2,150, number of active plastic cards was 34,681, debet cards – 32,515, credit cards – 2,166.

Number of employees rise 2.4% to 602, average monthly wages increased by 10% to AZN 662.

Remind that, Royal Bank has been in operation since 1993. The bank operates 32 branches, 31 ATMs, 113 POS-terminals across the country.
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