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Pasha Bank decreases deposit portfolio

Pasha Bank decreases deposit portfolio

26 August 2011 13:26 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. During January-June, 2011, Azerbaijan-based Pasha Bankâ€™s total customer accounts decreased by 5.035 to AZN 311.588 mln.

Bank says during the reporting period, demand deposits dropped 5.8% to AZN 169.863 mln, term deposits decreased by 4.05% to AZN 141.725 mln.

Moreover, corporate accounts of total clients went down 20% to AZN 176.325 mln, individualsâ€™ accounts rose 25.55 to AZN 135.263 mln.

Remind that, 46% of the division on economic sectors of bankâ€™s accounts fall to share of investment, 43% - individual clients, 5% - construction sector, 4% - trade and service, 1%- processing industry and 1% - energy sector.

Remind that, Pasha Bank has been in operation since November of 2007.

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