Bank Of Baku

Zamin Bank gets 34% rise in assets

Zamin Bank gets 34% rise in assets
# 16 May 2011 14:21 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based Zamin Bank’s assets stood at AZN 254.246 mln, up 34% from year earlier.

Bank says loan portfolio rose 27.7% to AZN 160.910 mln, deposit portfolio soared 57.1% to AZN 54.907 mln.

Total capital increased by 33% to AZN 26.289 mln, including authorized capital – by 57% to AZN 20.722 mln.

Number of customers made 81,873, as well individuals – 74,054, legal entities – 7,819. Active plastic cards reached 27,421, including debit cards – 26,579, credit cards – 842.

Remind that, Zamin Bank has been in operation since 1992. The bank operates 35 branches, 6 departments, Moscow Representation in Russia, 37 ATMs, 1,891 POS-terminals and 595 staffs across the country.
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