Bank Of Baku

NBC Bank increases assets by 42% year-on-year

NBC Bank increases assets by 42% year-on-year
# 05 November 2012 12:45 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, 2012, assets of NBC Bank stood at AZN 82.726 mln, up 42% compared to 2011.

During the reporting period, total capital of the bank rose 11% to AZN 20.061 mln, authorized capital grew by 9.4% to AZN 17.934 mln.

The number of customers increased by 32% to 19,617, as well as the number of individuals jumped 33% to 19,275, legal entities climbed 7.9% to 342. The number of active plastic cards rose 9.2% to 880, debit cards rose 15% to 317, credit cards increased by 0.3% to 317.

NBC Bank has been in operation since 1992.
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