Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, 2011, Azerbaijan-based Bank Avrasiya’s assets stood at AZN 65.398 mln, up 18.5% from year earlier.
Bank says the loan portfolio rose 27% to AZN 22.275 mln, as well consumer lending soared 25% to AZN 2.597 mln, deposit portfolio extended 26% to AZN 35.061 mln, including population’s deposit surged 26% to AZN 34.098 mln.
Total capital decreased by 1.1% to AZN 20.030 mln, as well authorized capital remained unchanged at AZN 20 mln.
Note that, incomes climbed 13.2% to AZN 3.370 mln, expenditures gained 15% to settle at AZN 3.714 mln. Consequently, bank’s loss on January-September, 2011, made AZN 0.344 mln, up 31% from previous year.
Remind that, Bank Avrasiya has been in operation since 2007. The bank operates 1 branch, 5 ATMs and 32 POS-terminals.
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