Bank Of Baku

Deka Bank gets 12% rise in assets since beginning of year

Deka Bank gets 12% rise in assets since beginning of year
# 29 November 2011 07:26 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of November 1, 2011, Deka Bank’s assets made AZN 49.523 mln, up 12.4% compared to last year.

During the reporting period, deposit portfolio of the bank dropped 45% to AZN 9.467 mln, population deposits decreased by 42% to AZN 11.170 mln, meanwhile loan portfolio rose 12% to AZN 43.152 mln, consumer loans increased by 89% to AZN 21.426 mln.

Total capital soared 25% to AZN 17.553 mln, authorized capital rose 7.9% to AZN 13.417 mln.

Remind that, Deka Bank started to operate in 1992. It operates 7 branches, 1 ATM, 16 POS-terminals and 89 employees across the country.
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