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Pasha Bank gets 8.4% rise in loan portfolio

Pasha Bank gets 8.4% rise in loan portfolio

16 March 2009 13:55 (UTC +04:00)

Baku. Elnur Huseynguliyev-APA-Economics. As at March 1, Azerbaijan-based Pasha Bankâ€™s assets stood at AZN 204.344 million, up 3.1 times on January 1 2009.
The bankâ€™s loan portfolio rose by 8.4% to AZN 48.125 million, deposit portfolio increased 6.8% to AZN 87.942 million, total capital grew by 2.6% to AZN 112.583 million and share capital stood at AZN 100 million.
For January-February, revenue made AZN 3.560 million and expenditures reached 1.307 million. The bankâ€™s profit was AZN 2.253 million. The number of employees reached 90.
Pasha Bank, owned by Pasha Holding, has been in operation since November, 2007.

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