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Finance

Finance

Amrahbank sees 22% in assets year-on-year

28 October 2013 09:24 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of October 1, 2013, Azerbaijan-based Amrahbank’s assets stood at AZN 116.462 mln, up 22.0% from previous year.

Bank says loan portfolio rose 20.9% to AZN 89.167 mln, as well as consumer lending soared 17.4% to AZN 36.474 mln.

Deposit portfolio surged 5.2% to AZN 64.273 mln, including persona savings were equal to AZN 47.287 mln, up 5.1% from 2012.

Total capital increased 34.2% to AZN 30.640 mln, including authorized capital increased by 34.7% to AZ n19.844 mln.

Number of clients rose 23.8% to AZN 49,850, as well as individuals 36.8% to 48,672, juridical persons dropped 4.0 times to 1,178. Plastic cards were equal to 4,430, up 51.7% in annual comparison. Debit cards grew 45.8% to 3,451, credit cards went up 2.1 times to AZN 979.

The bank operates 20 branches, 22 ATMs and 568 POS-terminals across the country.

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