Azerbaijan Industry Bank gets 5% rise in assets last year

Azerbaijan Industry Bank gets 5% rise in assets last year
# 06 February 2013 12:57 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan Industry Bank made AZN 162.691 mln as of January 1 2013, up 5.0% compared to last year.

During the reporting period, loan portfolio dropped 35.6% to AZN 85.920 mln, consumer loans made AZN 50.855 mln (-39.5%).

Deposit portfolio grew by 11.0% to AZN 92.116 mln, population deposits stood at AZN 28.617 mln (+20.7%).

Total capital rose 10.8% to AZN 31.723 mln, authorized capital soared 16.7% to AZN 28.0 mln.

The number of customers increased 33.8% to 49,719, number of individuals rose 34.35 to 48,730, legal entities soared 10.0% to 989. The number plastic cards was equal to 32,552 as of January 1 2013, up 1.6 times from a year earlier. The number of debit cards grew by 41.35 to 25,272, credit cards was up 2.4 times to 7,280.


At present, the bank operates 10 branches, 38 ATMs, 655 POS-terminals across the country.

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