Zamin Bank increases assets by 48% last year

Zamin Bank increases assets by 48% last year
# 24 February 2012 10:09 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of January 1, 2012, assets of Zamin Bank made AZN 358.607 mln, up 48% compared to last year.

During the reporting period, loan portfolio of the bank rose 41% to AZN 217.004 mln, deposit portfolio grew by 2 times to AZN 111.192 mln.

The number of total customers soared 43% to AZN 107.707, as well as individuals – 47% to 99,378, legal entities – 7.3% to 8,329. The number of plastic cards increased by 22.5% to 32,265, credit cards rose 53% to 1,168, debit cards – 21% to 31,097.

Remind that, Zamin Bank was established in November 1992. It has 38 Branches, 38 ATMs and 1,891 POS-terminals across the country.
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