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Zamin Bank increases loan portfolio by 45% year-on-year

Zamin Bank increases loan portfolio by 45% year-on-year

10 November 2011 08:03 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of October 1, 2011, Zamin Bankâ€™s loan portfolio made AZN 204.541 mln, up 45% compared to last year.

During the reporting period, the volume of consumer loans rose 61% to AZN 63.382 mln, overdue credits made AZN 4.609 mln, mortgage loans â€“ AZN 39.807 mln.

Deposit portfolio increased by 55% to AZN 71.314 mln, as well as term deposits â€“ AZN 60.008 mln, demand deposits â€“ AZN 11.305 mln, population deposits rose 50% to AZN 63.840 mln.

Remind that, Zamin Bank was established in 1992. It operates 38 branches, 38 ATMs and 1,891 POS-terminals across the country.

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