Bank Of Baku

Parabank gets 56% rise in Q1 demand deposits

Parabank gets 56% rise in Q1 demand deposits
# 25 April 2012 07:51 (UTC +04:00)
Baku. Elnur HUseynguluyev – APA-Economics. As of April 1, 2012, Azerbaijan-based Parabank’s loan portfolio made AZN 79,368 mln, up 9.4% from year earlier.

Bank says short-term loans rose 1.4% to AZN 16.407 mln, long-term loans soared 11% to AZN 63.963 mln, consumption loans grew 12.1% to AZN 43.803 mln, and overdue credits advanced 26% to AZN 6.284 mln.

Deposit portfolio dropped 0.2% to AZN 60.042 mln, as well term deposits slipped 1% to AZN 60.065 mln, demand deposits surged 56% to AZN 2.976 mln, and population’s deposits slid 0.5% to AZN 63.262 mln.

Remind that, owned by 23 individuals Parabank has been in operation since 1991. The bank operates 15 branches, 18 ATMs and 238 POS-terminals across the country.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED