Bank Of Baku

Kapital Bank gets sharp rise in population’s deposit year-on-year

Kapital Bank gets sharp rise in population’s deposit year-on-year
# 22 July 2011 11:27 (UTC +04:00)
Baku. Elnur Huseynguluyev - APA-Economics. As of July 1, 2011, AccessBank’s assets made AZN 372.078 mln, up 10% from a year earlier.

Bank says loan portfolio during the reporting period rose 2% to AZN 279.112 mln, consumption loans grew by 26% to AZN 28.100 mln, deposit portfolio extended by 55% to AZN 106.309 mln, population’s deposits increased by 55.3% to AZN 100.060 mln.

Total capital rose 20.1% to AZN 90.137 mln, authorized capital rose 62.2% to AZN 67.800 mln.

Total incomes increased by 1.1% to AZN 43.310 mln, expenses rose 18% to AZN 34.798 mln, profit dropped 36% to AZN 8.512 mln.

Remind that, AccessBank has been in operation since 2002.
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