Bank Of Baku

Royal Bank increases customer base by 3 times year-on-year

Royal Bank increases customer base by 3 times year-on-year
# 23 April 2012 08:31 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2012, Royal Bank’s assets made AZN 180.481 mln, down 0.3 compared to last year.

Loan portfolio went down 3.3% to AZN 123.263 mln, deposit portfolio rose 5.2% to AZN 80.113 mln, total capital dropped 26% to AZN 16.754 mln, as well as authorized capital remained unchanged at AZN 22.139 mln.

During this period, the number of customers soared 2.6 times to 142,104, the number of individuals grew by 2.7 tomes to 139,024, legal entities rose 43% to 3,080. Besides, the number of active plastic cards increased by 2.3 times to 81,456, debit cards made 79,270, credit cards – 2,186.

Remind that, Royal Bank was established in 1993 as OZ Bank. It has 32 branches, 2 offices, 8 exchange points, 31ATMs, 113 POS-terminals and 563 employees across the country.
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