Bank Of Baku

Mugan Bank gets 25% growth in population’s deposits

Mugan Bank gets 25% growth in population’s deposits
# 02 November 2012 12:27 (UTC +04:00)
Baku. Elnur Huseynquluyev - APA-Economics. As of October 1, 2012, Azerbaijan-based Mugan Bank’s assets stood at AZN 198.554 mln, up 19% fro year earlier.

Bank says consumer lending rose 52% to AZN 46.067 mln, overdue credits soared 36% to AZN 6.378 mln, loans given through AMF increased by 15% to AZN 27.147 mln.

Deposit portfolio extended 25% to AZN 99.567 mln, as well as term deposits surged 22% to AZN 79 mln, demand deposits grew 28% to AZN 28.724 mln, population’s deposits went 25% up to settle at AZN 78.117 mln.

Remind that, Mugan Bank has been in operation since 1992. The bank operates 30 branches, 51 ATMs and 659 POS-terminals across the country.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED