Bank Of Baku

AtaBank sees 13% growth in loan portfolio

AtaBank sees 13% growth in loan portfolio
# 18 July 2012 09:52 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of July 1, 2012, Azerbaijan-based AtaBank’s assets stood at AZN 235.4 mln, up 1.9% from previous year.

Bank says loan portfolio soared 12.5% or AZN 18.4 mln to AZN 165.1 mln.

Term deposit portfolio surged 1.9% or AZN 3.1 mln to AZN 166.2 mln, individuals’ term deposits grew 6.3% or ANZ 6.4 mln to AZN 108 mln. Besides, total capital stood at AZN 32.6 mln, including authorized capital – at AZN 25 mln.

Bank’s ROA and ROE as at the end of June made 1.16% and 10.73%.

Balance profit was AZN 2.7 mln.

Number of POS-terminals exceeded 8,959 units and ATMs made 68 units.






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