UniBank gets 41% income rise in card business

UniBank gets 41% income rise in card business
# 25 December 2008 14:44 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. UniBank’s plastic card sales and service returns have grown in M1108 as well, reaching AZN 615,000 and representing an increase by 41.3% from the corresponding period of 2007.
The Bank was paid the interest carried by the credit cards in the total amount equalling AZN 1,173 thousand during January-November, which was 64% more than in the comparable period of last year.
Unibank has issued and serviced 15,205 active plastic cards all in all by 1 December 2008.
As at October 1, UniBank’s assets at AZN 467.235 million, loan portfolio at AZN 347.932 million, deposit portfolio at AZN 111.902 million, total capital at AZN 64.129million and share capital at AZN 15 million.
UniBank is owned by the EBRD (15.15%), DEG Investment Corporation (8.33%), legal entities (0.9%) and individuals (75.62%).
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