Bank Of Baku

Ganjabank gets rise in assets

Ganjabank gets rise in assets
# 23 May 2011 12:12 (UTC +04:00)
Baku. El;nur HUseynguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based Ganjabank’s assets stood at AZN 43,692 mln, up 86% from year earlier.

Bank says the loan portfolio rose 1.4% to AZN 29.562 mln, deposit portfolio extended 31% to AZN 4.878 mln.

Total capital soared 1.2% to AZN 17.001 mln, as well authorized capital remained unchanged at AZN 15 mln.

Number of clients rose 2.9% to 2,432, as werll individuals soared 1.3% to 2,033, legal entities increased by 12.4% to 399. At the same time, active plastic cards made 588, number of staffs 1.4% decreased to 73.

Remind that, Ganjabank has been in operation since 1994. The bank operates 3 branches, 6 ATMs and 14 POS-terminals across the country.
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