Bank Of Baku

Amrahbank gets 24% growth in assets

Amrahbank gets 24% growth in assets
# 22 October 2015 13:58 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. Amrahbank’s assets in the third quarter of 2015 made AZN 198.542 mln, up 23.83% from previous year.

 

Bank says the loan portfolio rose 16.21% to AZN 131.574 mln, consumption loans raised 30.51% to AZN 67.091 mln, deposit portfolio surged 42.72% to AZN 108.087 mln. AZN 17.979 mln of deposits are in manat, AZN 90.108 mln in foreign currency.

 

Personal savings grew 58.41% to AZN 93.868 mln (AZN 13.160 mln in manat, AZN 80.708 mln in foreign currency).

 

Mortgage lending amounted to AZN 1.522 mln, down 3.12% from 2014.

 

Total capital fell 10.79% to AZN 49.486 mln, authorized capital remained unchanged at AZN 39,844,400.

 

Incomes dropped 18.13% to AZN 18.215 mln, expenditures advanced 33.95% to AZN 23.121 mln.

 

Bank’s loss in the third quarter made AZN 4,906,200.

 

The bank operates 23 branches, 27 ATMs and 479 POS-terminals across the country.

 

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