Azer-Turk Bank gets 31% rise in assets last year

Azer-Turk Bank gets 31% rise in assets last year
# 27 February 2013 13:07 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of January 1 2013, assets of Azer-Turk Bank made AZN 85.263 mln (+31.4%).

During the reporting period, loan portfolio of the bank grew by 32.6% to AZN 51.882 mln, consumer loans made AZN 21.631 mln by rising 28.6%. Overdue credits soared 37.3% to AZN 3.338 mln. Share of overdue credits in total loan portfolio rose 0.2% to 6.4%.

Deposit portfolio doubled to AZN 25.735 mln (-13.0%). Population deposits stood at AZN 17.813 mln (+13.7%).

Total capital rose 6.2% to AZN 13.733 mln as well as authorized capital jumped 5.2% to AZN 12.243 mln.

Number of total customers increased by 21.5% to 29,327, as well as individuals rose 23.1% to 28,365, legal entities soared 11.7% to 962. Number of plastic cards stood at 2,843 as of January 1 2013, up 12.8% compared to last year. Debit cards increased by 14.4% to 1,840, credit cards grew by 9.9% to 1,003.

At present time, the bank operates 4 branches, 7 ATMs, 43 POS-terminals and 136 employees across the country.

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