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Population deposits at Royal Bank increases by 14%

26 October 2011 09:15 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of October 1, 2011, Azerbaijan-based Royal Bankâ€™s loan portfolio made AZN 133.099 mln, up 9.5% from a year earlier.

During the reporting period, the volume of loans up to 12 months amounted to AZN 22.114 million, loans issued for a period exceeding 12 months â€“ AZN 16.909 mln, consumer loans â€“ AZN 51.231 million.

Deposit portfolio dropped 4.65 to AZN 76.357 mln, as well as term deposits made AZN 62.723 mln, demand deposits â€“ AZN 13.634 mln, population deposits rose 145 to AZN 10.192 mln.

Note that, total incomes increased by 35 to AZN 22.703 mln, interest incomes made AZN 19.225 mln, non-interest incomes â€“ AZN 3.477 mln, expenses increased by 4.2% to AZN 24.499 mln, interest expenses amounted to AZN 13.185 mln, non-interest expenses made AZN 11.314 mln. Losses soared 20% year-on-year and made AZN 1.796 mln.

Remind that, Royal Bank was established in 1993. It operates 32 branches, 32 ATMs and 113 POS-terminals across the country.