Bank Of Baku

Ganjabank gets 15% rise in assets

Ganjabank gets 15% rise in assets
# 09 February 2012 13:19 (UTC +04:00)
Baku. Elnur HUseynguluyev – APA-Economics. As of January 1, 2012, Azerbaijan-based Ganjabank’s assets stood at AZN 48.184 mln, up 15% from year earlier.

Bank says the loan portfolio rose 23% to AZN 35.871 mln, deposit portfolio extended 53% to AZN 4.753 mln.

Total capital, dropped 6.1% to AZN 15.595 mln, as well authorized capital authorized capital remained unchanged at AZN 15 mln.

Number of clients rose 21% to AZN 3,383, including individuals increased by 22% to 2,928, legal entities – by 17% to 455. At the same time, number of active plastic cards soared 14% to 639, average monthly salary decreased by 52% to ANZ 388, number of staffs made 68.

Remind that, Ganjabank has been in operation since 1994. The bank operates 5 branches, 6 ATMs and 16 POS-terminals.
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