Bank Of Baku

Expressbank sees AZN 3 mln-profit in first half of 2015

 Expressbank sees AZN  3 mln-profit in first half of 2015
# 13 July 2015 12:28 (UTC +04:00)

Baku - APA-Economics. Expressbank increased its assets 7.14% to AZN 278.787 mln in the first half of 2015.

 

Bank told APA-Economics that the loan portfolio rose 22.28% to AZN 229.505 mln, bank crediting raised 40.32% to AZN 88.815 mln, consumer lending – AZN 85.243 mln.

 

Overdue credits soared 11.27% to AZN 11.226 mln.

 

Mortgage lending amounted to AZN 6.276 mln (all given through AMF).

 

In January-June, the bank invested AZN 2.108 mln in securities.

 

Deposit portfolio fell 6.49% to AZN 100.907 mln.

 

Personal savings advanced 11.78% to AZN 53.378 mln, foreign liabilities dropped 54.12% to AZN 3.898 mln.

 

As of July 1, the total capital stood at AZN 143.748mln, authorized capital at AZN 122.44 mln.

 

Incomes made AZN 26.486 mln, expenditures – AZN 23.624 mln. Profit in the first half of 2015 amounted to AZN 2.862 mln.

 

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