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Zaminbank gets 19% rise in assets year-on-year

30 April 2013 09:43 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of April 1 2013, assets of Zaminbank made AZN 393.776 mln (+19.2%).

During the reporting period, loan portfolio of the bank grew by 9.0% to AZN 240.590 mln, consumer loans made AZN 184.330 mln by rising 2.6 times. Overdue credits soared 2.4 times to AZN 11.525 mln. Share of overdue credits in total loan portfolio rose 2.1% to 4.8%.

Deposit portfolio soared 6.2% to AZN 87.210 mln. Population deposits were equal to AZN 78.399 mln (+11.8%).

Total capital rose 1.9 times to AZN 50.802 mln as well as authorized capital jumped 1.9 times to AZN 42.182 mln.

Number of total customers increased by 22.2% to 131,591, as well as individuals rose 23.2% to 122,544, legal entities soared 8.6% to 9,047. Number of plastic cards stood at 30,568 as of April 1 2013, down 2.9% compared to last year. Debit cards decreased by 2.3% to 29,582, credit cards dropped 22.6% to 986.

At present time, the bank operates 38 branches, 38ATMs, 1,891 POS-terminals and 641 employees across the country.