Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2012, NBC Bank’s assets made AZN 69.025 mln, up 31% from a year earlier.
During the reporting period, loan portfolio rose 29% to AZN 56.010 mln.
Use of deposits received from the population as resource base played an important role in growth of the assets. Thus, if last year the volume of deposits made AZN 14.474 mln, this year the figure grew by 2.1 times to AZN 30.216 mln.
The volume of loans granted to individuals for family purposes soared 23% to AZN 42.177 mln.
NBC Bank started to operate in October of 1992 as Ruzi Commercial Bank.
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