Bank Of Baku

Ganjabank gets 11% rise in assets last year

Ganjabank gets 11% rise in assets last year
# 26 February 2013 09:36 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. As of January 1 2013, assets of Ganjabank made AZN 53.274 mln (+10.6%).

 

During the reporting period, loan portfolio of the bank grew by 6.7% to AZN 38.309 mln, consumer loans made AZN 0.890 mln by sliding 28.9%. Overdue credits soared 52.3% to AZN 5.035 mln. Share of overdue credits in total loan portfolio rose 3.9% to 13.1%.

 

Deposit portfolio grew by 21.3% to AZN 5.767 mln. Population deposits stood at AZN 380 thousand (+2.9 times).

 

Total capital dropped 9.1% to AZN 14.174 mln as well as authorized capital remained unchanged at AZN 15.0 mln.

 

Number of total customers increased by 6.3% to 3,596, as well as individuals rose 5.3% to 3,084, legal entities soared 12.5% to 512. Number of plastic cards stood at 684 as of January 1 2013, up 7.0% compared to last year. The bank hasn’t credit cards.

 

At present time, the bank operates 5 branches, 6 ATMs, 18 POS-terminals and 69 employees across the country.

 

 

 

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