Bank Of Baku

AtaBank gets 36% rise in deposit portfolio

AtaBank gets 36% rise in deposit portfolio
# 20 February 2012 09:23 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of January 1, 2012, Azerbaijan-based deposit portfolio stood at AZN 195.159 mln, up 36% from year earlier.

Bank says bank’s term deposits rose by 6.4 times to AZN 163.080 mln, demand deposits decreased by 2.2% to AZN 32.079 mln, population’s deposits soared 20% to AZN 101.903 mln.

Loan portfolio surged 38% to AZN 146.7 mln, as well consumer lending went up 6% to AZN 314.149 mln.

Besides, number of ATMs grew 19% to 64, POS-terminals - - to 604. Net profit made AZN 3.1 mln.

Remind that, ATABank has been in operation since 1993.
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