Bank Of Baku

Deka Bank sees 10% rise in assets this year

Deka Bank sees 10% rise in assets this year
# 22 December 2011 09:31 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of December 1, 2011, Azerbaijan-based Deka Bank’s assets made AZN 48.032 mln, up 9.1% compared to last year.

During the reporting period, deposit portfolio dropped 57% to AZN 7.359 mln, population deposits decreased by 50% to AZN 5.705 mln, loan portfolio rose 7% to AZN 41.350 mln, consumer loans increased by 77% to AZN 20.171 mln.

Total capital soared 30% to AZN 18.261 mln, authorized capital rose 7.8% to AZN 13.417 mln.

Remind that, Deka Bank started to operate in 1992. It operates 7 branches, 1 ATM, 17 POS-terminals and 99 employees across the country.
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