Mugan Bank sees 19% rise in assets year-on-year
During the reporting period, consumption loans grew by 52% to AZN 39.743 mln, overdue loans soared 51% to AZN 4.736 mln, loans given via AMF rose 26% to AZN 27.357 mln, loans given via the bank increased by 3 times to AZN 4.645 mln.
Deposit portfolio extended 22% to AZN 90.314 mln, as well as term deposits soared 28% to AZN 69.873 mln, demand deposits increased by 5.4% to AZN 20.441 mln, population deposits rose 30% to AZN 75.409 mln.
Mugan Bank has been in operation since 1992. It has 30 branches, 51 ATMs, 659 POS-terminals and 575 employees across the country.
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