Baku. Parviz Nuriyev – APA-Economics. In the third quarter of 2014, Azerbaijan-based Amrahbank’s assets stood at AZN 160.335 mln, up 37.66% from previous year.
Bank says the loan portfolio rose 26.98% to AZN 113.221 mln, consumption loans raised 40.94% to AZN 51.407 mln, deposit portfolio surged 17.84% to AZN 75.737 mln, and personal savings soared 25.31% to AZN 59.255 mln.
Mortgage lending fell 53.06% to AZN 1.571 mln (all given through AMF).
Total capital increased 81.05% to AZN 55.473 mln, while the authorized capital remained unchanged at AZN 39,844,400.
Incomes grew 32.94% to AZN 22.248 mln, expenditures went up 36.75% to AZN 17.261 mln.
Profit made AZN 4,987,000.
The bank operates 23 branches, 27 ATMs and POS-terminals across the country.
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