Bank Of Baku

Kapital Bank increases investments in securities by 8 times

Kapital Bank increases investments in securities by 8 times
# 16 May 2011 14:26 (UTC +04:00)
Baku. Elnur HUseynguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based Kapital Bank’s loan portfolio stood at AZN 440.833 mln, up 58% from year ago.

Bank says the loan given for until 12 months dropped 69% to AZN 55.534 mln, for over 12 months rose 3.9 times to AZN 12.433 mln, mortgage loan via own program slipped 37.3% to AZN 6.845 mln.

Year-on-year, loans given via AMF soared 69.3% to AZN 12.433 mln, via own program fell 23% to AZN 6.304 mln.

Investments in securities market rose 7.7 times to AZN 27.164 mln.

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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