AccessBank triples overdue credits

AccessBank triples overdue credits
# 23 January 2015 13:24 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. As of January 1, 2015, AccessBank’s assets stood at AZN 1,054.461 mln, up 30.91% from previous year.

Bank says the loan portfolio rose 30.83% to AZN 821.470 mln, consumption loans raised 19.81% to AZN 86.851 mln, mortgage loans expanded 68.86% to AZN 29.442 mln, overdue credits increased 2.8 times to AZN 7.597 mln (0.92% of total loan portfolio)

Deposit portfolio grew 31.72% to AZN 280.637 mln, personal savings went up 32.97% to AZN 199.720 mln, total capital advanced 20.1% to AZN 146.031 mln, authorized capital remained unchanged at AZN 85 mln.

Incomes soared 31.18% to AZN 181.583 mln, expenditures surged 25.64% to AZN 130.377 mln.

Profit made AZN 40,436,000.

The bank operates 43 branches, 59 ATMs and 440 POS-terminals across the country.

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