Bank Of Baku

Gunay Bank gets rise in Q1 assets

 Gunay Bank gets rise in Q1 assets
# 27 April 2015 13:49 (UTC +04:00)

Maliyyə - bağlı

Baku. Yegane Lachinzade - APA-Economics. Gunay Bank’s assets in the first quarter of 2015 stood at AZN 92.262 mln, up 2.41 times from previous year.

 

Bank says the loan portfolio rose 2.54 times to AZN 89.046 mln, consumer lending fell 61.7% to AZN 235,000, overdue credits surged 0.9% to AZN 2.065 mln.

 

Deposit portfolio increased 21.51% to AZN 12.087 mln, personal savings soared 41.37% to AZN 10.658 mln.

 

Total capital grew 4.08 times to AZN 62.713 mln, authorized capital advanced 3.91 times to AZN 64,910,090.

 

Incomes descended 56% to AZN 861,000, expenditures shed 12.09% to AZN 409,000.

 

Bank completed the first quarter of 2015 with the loss of AZN 1,418,400.

 

The bank operates 1 branch, 1 ATMs and 4 POS-terminals across the country.

 

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