ASB gets 48% rise in assets

ASB gets 48% rise in assets
# 14 August 2013 09:12 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of July 1, 2013, assets of Azerbaijan Industry Bank made AZN 235.889 mln (+47.6%).

During the reporting period, loan portfolio of the bank dropped 23.5% to AZN 99.673 mln, consumer loans made AZN 47.809 mln (-44.3%).

Deposit portfolio grew by 2.1 times to AZN 100.573 mln. Population deposits stood at AZN 24.569 mln (+2.5%).

Total capital rose 8.3% to AZN 33.781 mln as well as authorized capital remained stable at AZN 28.000 mln.

Number of plastic cards stood at 32,812 as of July 1, 2013, up 43.9% compared to last year. Debit cards increased by 39.9% to 26,264, credit cards grew by 63.2% to 6,548.

At present time, the bank operates 10 branches, 45 ATMs, 573 POS-terminals across the country.

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