AtaBank gets 27% rise in assets

 AtaBank gets 27% rise in assets
# 12 March 2013 09:54 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of March 1, 2013, Azerbaijan-based AtaBank’s assets stood at AZN 289 mln, up 26.7% from year earlier. Total capital rose 25.8% to AZN 191.8 mln.

Bank’s deposit portfolio soared 28.2% to AZN 244.3 mln. Authorized capital surged 11.9% to AZN 28 mln.

Note that AtaBank has been in operation since 1993. The bank operates 24 branches. 12 of them are in Baku, others – in Ganja, Sumgayit, Mingechaur, Shirvan cities, Shamkir, Goychay, Naftalan, KHachmaz, Yevlakh and Lankaran regions.

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