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Bank SilkWay sees decline in loan portfolio

23 October 2012 07:50 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of October 1, 2012, assets of Bank SilkWay stood at AZN 95.646 mln, up 91% compared to last year.

During the reporting period, loan portfolio declined 8% to AZN 31.558 mln, deposit portfolio grew by 4.7 times to AZN 39.697 mln, total capital rose 16% to AZN 39.898 mln, as well as authorized capital increased by 9% to AZN 35.0910 mln.

The number of total customers increased by 17% to 6,503, number of individuals soared 18% to 6,338, legal entities decreased by 2.95 to 165.

The number of plastic cards rose 21% to 6,479, debit cards grew by 20.8% to 6,433, credit cards increased by 2 times to 46.

During this period, the number of staff soared 2% to 106, average monthly salary reduced 6.5% to AZN 902.

Bank SilkWay was founded in 1993 as Azal Bank. It operates 8 branches, 19 ATMs and 42 POS-terminals across the country.