USD 1.7

Baku 22 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2025 All copyright are reserved.

Finance

Home page

ASB Bank increases loan portfolio by 79% last year

ASB Bank increases loan portfolio by 79% last year

27 January 2012 11:23 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of January 1, 2012, assets of Azerbaijan Industry Bank made AZN 155 mln, up 19% compared to last year.

During the reporting period, loan portfolio rose 79% to AZN 133.4 mln, consumption loans increased by 111% to AZN 83.3 mln, deposit portfolio soared 5% to AZN 83.0 mln. Number of customers rose 36% to 39,141 during the same period, number of plastic cards grew by 30% to 20,984.
Total incomes rose 47% to AZN 18.4 mln, expenses increased by 29% to AZN 14.7 mln. So, net profit made AZN 3.7 mln.

Total capital grew by 10% to AZN 28.6 mln, authorized capital rose 95 to AZN 24.0 mln.

Remind that, ASB Bank was established in 1996. It operates 9 branches, 1 department 35 ATMs and 337 POS-terminals across the country.

Finance

Volume of Finnish investments in Azerbaijani economy increased sharply

Volume of Finnish investments in Azerbaijani economy increased sharply

Montenegro and Azerbaijan to exchange experience in the field of taxation

Montenegro and Azerbaijan to exchange experience in the field of taxation

Volume of investments from Azerbaijan into Spanish economy more than doubled

Volume of investments from Azerbaijan into Spanish economy more than doubled

Ivana Fernandes Duarte, Regional Manager for the South Caucasus at the International Finance Corporation

IFC’s regional manager for South Caucasus concludes her mission

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED