Bank Of Baku

Bank of Azerbaijan gets 63% growth in assets year-on-year

 Bank of Azerbaijan gets 63% growth in assets year-on-year
# 27 June 2013 12:48 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. As of June 1 2013, Bank of Azerbaijan’s assets grew by 63% to AZN 325.8 mln.

 

During the reporting period, loan portfolio rose 75% to AZN 296.9 mln.  Population deposits reached AZN 85.2 mln.

 

Interest incomes stood at AZN 15.2 mln, non-interest incomes – AZN 2.99 mln.

 

As of June 1, bank’s authorized capital made AZN 50 mln.

 

Bank of Azerbaijan has been in operation since 1993.

 

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