Bank Of Baku

Debut Bank posts 22% rise in loan portfolio

Debut Bank posts 22% rise in loan portfolio
# 18 August 2008 13:23 (UTC +04:00)
Baku. Elnur Huseynguluyev - APA-Economics. As of July 1, Azerbaijan-based Debut Bank’s assets stood at AZN 33.333 million, up 27.5% from a year earlier.
The bank said loan portfolio rose 21.9 to AZN 28.932 million, deposit portfolio increased 34.9% to AZN 1.178 million, total capital went up 9.3% to AZN 11.248 million and authorized capital stood at AZN 8.750.
Compared to the same period last year, revenues rose 78% to AZN 555 352 and expenditures increased 58% to AZN 471 792.
Profit jumped 6.2 times to AZN 83 559.
The bank established 2 ATMs and 21 POS terminals over the past year. The number of employees rose 11.9% to 113 and average salary rose 27.7% to AZN 240.
Owned by a number of individuals, Debut Bank has been in operation since 1994.
The bank operates 7 branches, 7 ATMs and 97 POS terminals
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED