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Accessbank gets 52% rise in assets

Accessbank gets 52% rise in assets

23 July 2013 13:11 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of July 1, 2013, Azerbaijan-based Accessbank’s assets stood at AZN 654.273 mln, up 52.1% from previous year.

Bank says loan portfolio grew 50.3% to AZN 514.799 mln, including consumer lending made AZN 62.299 mln by rising 55.4% in comparison to 2012. At the same time, the overdue credits dropped 46.6% to AZN 2.170 mln and the share in loan portfolio fell by three times to 0.4%.

Bank’s deposit portfolio surged 26.0% to AZN 168.944 mln, as well as personal savings were equal to AZN 113.523 mln, down 1.8% from a year ago.

Total capital soared 15.5% to AZN 110.271 mln, including authorized capital remained unchanged at AZN 85.000 mln.

The bank operates 36 branches and 43 ATMs.

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