Amrahbank gets rise in assets

Amrahbank gets rise in assets
# 30 April 2014 14:15 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. As of April 1, 2014, Azerbaijan-based Amrahbank’s assets stood at AZN 158.288 mln, up 50.4% from previous year.

Bank says the loan portfolio rose 22.6% to AZN 99.833 mln, consumer lending fell 29% to AZN 33.239 mln, deposit portfolio grew 41% to AZN 84.896 mln, personal savings soared 24.6% to AZN 49.847 mln.

Mortgage loans made AZN 3.073 mln, down 2.9% in comparison to a year earlier (all given through AMF).

Total capital increased by 87.4% to AZN 51.581 mln, while the authorized capital rose 2.3 times to AZN 39,844,400.

Incomes grew 22.7% to AZN 6.654 mln, expenditures soared 33.7% to AZN 5.166 mln.

Profit made AZN 1,426,100.

For the present, the bank operates 19 branches, 22 ATMs and 506 POS-terminals across the country.

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