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Amrahbank gets 23% rise in Q1 assets

29 April 2013 11:42 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Amrahbank’s assets stood at AZN 105.240 mln, up 22.8% from previous year.

Bank says loan portfolio rose 47.2% to AZN 83.920 mln, including consumer lending made AZN 46.836 mln, up 37.2% in comparison with a year ago.

Bank’s deposit portfolio soared 9.3% to AZN 30.229 mln. Personal savings were equal to AZN 44.824 mln, up 14.6% in annual comparison.

Total capital grew 29.1% to AZN 27.530 mln, including authorized capital increased by 17.7% to AZN 17.256 mln.

Number of clients soared 32.7% to AZN 42,154, as well as individuals rose 39.2% to 40,508, legal entities dropped 38.9% to 1,646. Number of plastic cards made 3,931, up 1.5% compared with a year earlier. Debit cards slipped 12.7% to 3,071, credit cards rose 2.4 times to 860.

For the present, bank operates 19 branches, 22 ATMs and 595 POS-terminals across the country.