Bank Of Baku

Access Bank gets 35% rise in assets in 2012

Access Bank gets 35% rise in assets in 2012
# 31 January 2013 08:36 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. As of January 1 2013, assets of Access Bank made AZN 525.911 mln (+34.7%).

 

During the reporting period, loan portfolio rose 39.6% to AZN 412.126 mln. Consumer loans stood at AZN 42.860 mln (+40.7%). At the same time, overdue credits grew by 16.1% to AZN 2.888 mln. Share of overdue credits in loan portfolio dropped from 0.1% to 0.5%.

 

Deposit portfolio increased by 11.1% to AZN 134.706 mln. Population deposits were equal to AZN 89.376 mln, which is 3.4% more in annual comparison.

 

Total capital rose 13.1% to AZN 134.706 mln. Authorized capital stood at AZN 85.000 mln (+25.4%).

 

 

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