Bank Of Baku

VTB Azerbaijan increases deposit portfolio sharply

VTB Azerbaijan increases deposit portfolio sharply
# 19 May 2011 14:50 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2011, VTB Azerbaijan’s loan portfolio stood at AZN 15.710 mln, up 57.7% from year earlier.

Bank says the loan given until 12 months dropped 17.8% to AZN 5.615 mln, over 12 months doubled to AZN 6.404 mln, consumer lending rose 30 times to AZN 5.841 mln, mortgage loans via bank’s own program slipped by twice to AZN 96.000. Overdue credits reached AZN 3.681 mln.

Deposit portfolio fell 47% to AZN 3.884 mln, as well term deposits declined by 2.4 times to AZN 2.828 mln, demand deposits soared 2.1 times to AZN 1.046 mln, population’s deposit slid 6.3 times to AZN 686,000.

Note that, VTB Azerbaijan has been in operation since March 19, 2009.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED