Bank Of Baku

Deka Bank gets AZN 1.8 mln profit in January-April

Deka Bank gets AZN 1.8 mln profit in January-April
# 20 May 2011 08:22 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of May 1, Azerbaijan-based Deka Bank’s assets stood at AZN 42.564 mln, up 3.5% from year earlier.

Bank says the deposit portfolio decreased by 41% to AZN 10.152 mln, as well population’s deposit dropped 19% to AZN 9.181 mln. Loan portfolio slipped 0.6% to AZN, as well consumer lending soared 62% to AZN 18.338 mln.

Total capital rose 11% to AZN 15.637 mln, as well authorized capital surged 7.9% to AZN 13.417 mln.

Income made AZN 2.988 mln, expenditure – AZN 1.179 mln. Balance profit stood at AZN 1.809 mln.

Remind that, Deka Bank has been in operation since 1992. The bank operates 7 branches, 1 ATMs and 16 POS-terminal.
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