Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2012, Azerbaijan-based Pasha Bank’s assets stood at AZN 619.849 mln, up 22% from year earlier.
Bank says loan portfolio rose 48% to AZN 283.676 mln, deposit portfolio soared 23% to AZN 402.588 mln, as well term deposits surged 35% to AZN 213.813 mln, demand deposits grew 12% to AZN 188.775 mln.
Total capital increased by 9.6% to AZN 150.237 mln, as well authorized capital went up 10.8% to Azn 136.869 mln.
Total income advanced 35% to AZN 13.430 mln, including interest income made AZN 11.530 mln, non-interest incomes stood at AZN 1.899 mln.
Interest expenditure soared 7.6% to AZN 3.582 mln, operation costs made AZN 2.566 mln, costs on staffs were AZN 1.630 mln. Consequently, net profit amounted AZN 4.565 mln.
Remind that, Pasha Bank has been in operation since 2007. The bank operates 160 staffs, 2 departments, 10 ATMs and 3,734 plastic cards.
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