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Atrabank increases assets by 12% year-on-year

16 August 2012 07:21 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of July 1, 2012, assets of Atrabank stood at AZN 62.751 mln, up 12% from a year earlier.

During the reporting period, loan portfolio rose 10% to AZN 47.070 mln, short-term loans grew by 57% to AZN 34.998 mln, long-temr loans dropped 8.237 mln, consumer loans soared 43% to AZN 15.050 mln, overdue loans increased by 32% to AZN 3.835 mln.

Deposit portfolio increased by 63% to AZN 21.532 mln, as well as demand deposits grew by 4.6% to AZN 3.548 mln, population deposits rose 84% to AZN 17.984 mln.

Total capital of the bank during Q1 grew by 2.7% to AZN 11.627 mln, authorized capital remained unchanged at AZN 10.425 mln.

Atrabank was established in 1992. It has 13 branches,, 13 ATMs and 79 POS-terminals across the country.