Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2012, Azerbaijan-based Atrabank’s assets stood at AZN 62.976 mln, up 48% from previous year.
Bank says loan portfolio rose 49% to AZN 46.775 mln, as well short-term loans (in the period of up to 12 months) soared 4.6% to AZN 27.387 mln, long-term loans surged 3.7 times to AZN 19.388 mln, consumer lending increased by 45% to AZN 17.777 mln.
Bank’s deposit portfolio grew 77% to AZN 19.524 mln, as well term deposits advanced 86% to AZN 15.758 mln, demand deposits went up 75% to AZN 3.012 mln, population’s deposits dropped 6.2% to AZN 755,000.
Bank’s total capital rose 2.7% to AZN 11.457 mln, including authorized capital remained unchanged at AZN 10.425 mln.
Note that, income soared 72% to AZN 1.949 mln, expenditures surged 84% to AZN 1.809 mln. Consequently, quarterly profit slipped 8.5% to AZN 140,000.
Remind that, Atrabank has been in operation since 1992. The bank operates 13 branches, 13 ATMs and 33 POS-terminals across the country.
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