Finance

Home page

Finance

Bank Avrasiya gets sharp in Q1 consumer lending

18 April 2013 12:50 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of April 1, 2013, assets of Bank Avrasiya stood at AZN 68.163 mln, up 5.9% compared to last year.

During the reporting period, loan portfolio rose 65.9% to AZN 49.550 mln. consumer loans made AZN 5.157 mln, up 2.1 times from 2012.

Deposit portfolio soared 6.8% to AZN 36.850 mln, population deposits were equal to AZN 34.873 mln, up 11.95 from a year earlier.

Total capital grew by 0.5% to AZN 19.002 mln, authorized capital remained unchanged at AZN 20.0 mln.

Number of total customers increased by 44.2% to 3,095, as well as individuals rose 31.7% to 2,598, legal entities soared 28.6% to 225. Number of plastic cards stood at 2,006 as of January 1 2013, up 36.1% compared to last year. Debit cards increased by 46.3% to 1,084, credit cards grew by 25.8% to 922.

At present time, the bank operates 1 branch, 7 ATMs, 153 POS-terminals and 45 employees across the country.