Baku. Elnur Huseynguluyev - APA-Economics. As of April 1, 2011, Azerbaijan Industry Bank’s loan portfolio stood at AZN 96.607 mln, up 54.3% from year earlier.
Bank says the 12-month loans rose 45.2% to AZN 54.051 mln, loans for over 12 months soared 47.5% to AZN 31.291 mln, consumer lending increased by 98.4% to AZN 58.341 mln.
Mortgage loans surged 9.49% to AZN 593.22 mln, overdue credits grew by 2.7 times to AZN 11.267 mln.
Remind that, Azerbaijan Industry Bank has been in operation since 1996. THE bank operates 8 branches, 32 ATMs and 299 POS-terminals across the country.
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