Bank Of Baku

Deka Bank sees 27% decline in profit

Deka Bank sees 27% decline in profit
# 29 October 2012 13:13 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, 2012, assets of Deka Bank stood at AZN 62.058 mln, up 31% from a year earlier.

During the reporting period, deposit portfolio rose 88% to AZN 16.860 mln, population deposits increased by 2.1 times to AZN 14.145 mln, loan portfolio climbed 14.6% to AZN 47.683 mln, consumer loans dropped 13% to AZN 16.8569.

Total capital decreased by 4.4% to AZN 16.277 mln, authorized capital remained unchanged at AZN 13.417 mln.

Note that, within last year, total incomes decreased by 12% to AZN 5.059 mln, while expenses rose 5.9% to AZN 2.765 mln.

Remind that, Deka Bank was founded in 1992. As of October 1, the bank operates 7 branches, 2 ATMs, 17 POS-terminals and 1000 employees across the country.
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