Access Bank increases assets by 30% year-on-year

Access Bank increases assets by 30% year-on-year
# 29 October 2012 13:50 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, 2012, assets of Access Bank stood at AZN 466.004 mln, up 30% compared to last year.

During the reporting period, deposit portfolio rose 21% to AZN 132.811 mln, loan portfolio climbed 29% to AZN 367.059 mln.

Total capital soared 16% to AZN 100.572 mln, authorized capital extended 25% to AZN 85 mln.

Note that, total incomes of the bank during this period increased by 13.4% to AZN 73.906 mln, expenses – 15% to AZN 58.550 mln. Consequently, profit rose 9.4% to AZNB 15.356 mln.

Access Bank was established in 2002.
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