Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2012, Azerbaijan-based Ganjabank’s deposit portfolio made AZN 5.489 mln, up 13% from year earlier.
Bank says term deposits rose 4.6% to AZN 4.730 mln, demand deposits soared by 2.4 times to AZN 551,000, population’s deposits increased by 59% to AZN 208,000.
Loan portfolio surged 34% to AZN 39.670 mln, including long-term loans grew 53% to AZN 1.503 mln, long-term deposits increased by 12 times to AZN 37.552 mln, consumer lending dropped 50% to AZN 1.522 mln.
Remind that, Ganjabank has been in operation since 1994. The bank operates 5 branches, 6 ATMs and 16 POSD-terminals across the country.
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