Bank Of Baku

Kapital Bank sees 47% growth in assets

Kapital Bank sees 47% growth in assets
# 12 May 2011 08:30 (UTC +04:00)
Baku. ELnur Huseynguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based Kapital Bank’s assets stood at AZN 721.832 mln, up 47% compared to a year ago.

Bank says the loan portfolio rose 55.2% to AZN 440.833 mln, deposit portfolio soared 17.1% to AZN 271.071 mln.

Total capital surged 7.09% to AZN 71.952 mln, as well authorized capital increased by 25% to ZAN 30 mln. Number of active plastic cards surged 5.8% to 2,095,573.

Remind that, Kapital Bank has been in operation since 2000. The bank operates 89 branches, 393 ATMs and 399 POS-terminals across the country.
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