Bank Of Baku

Kapital Bank increases profit sharply

Kapital Bank increases profit sharply
# 10 August 2011 10:58 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. As of July 1, 2011, Azerbaijan-based Kapital Bank’s assets stood at AZN 874.386 mln, up 28.2% from year earlier.

Bank says the loan portfolio rose 38.6% to AZN 560.790 mln, deposit portfolio declined 1.2% to AZN 304.097 mln.

Total capital dropped 2.5% to AZN 71.876 mln as well authorized capital remained unchanged at AZN 30 mln.

Income made AZN 39.067 mln, expenditure – AZN 34.713 mln. Profit reached AZN 4.354 mln.

Number of active plastic cards made 2,095,390, up 3.4% from year ago.

Remind that, Kapital Bank has been in operation since 2000. The bank operates 89 branches, 401 ATMs and 416 POS-terminals across the country.
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