Bank Of Baku

AtaBank earns AZN 6M in Q1

AtaBank earns AZN 6M in Q1
# 26 April 2016 10:24 (UTC +04:00)

Baku. Yegane Lachinzade – APA-Economics. AtaBank’s assets in the first quarter of 2016 stood at AZN 491.380 mln, down 20.2% in comparison with a year earlier.

 

The bank says the loan portfolio dropped 16.4% to AZN 434.442 mln, deposit portfolio slid 20.6% to AZN 416.173 mln, personal savings grew 22.9% to AZN 187.031 mln, total capital increased 15.3% to AZN 60.037 mln, authorized capital remained unchanged at AZN 50 mln.

 

Incomes shed 32.2% to AZN 17.148 mln, expenditures slipped 18.3% to AZN 13.638 mln.

 

Profit amounted to AZN 6,113,000.

 

For the present, the bank operates 22 branches, 80 ATMs and 18,522 POS-terminals across the country.

 

 

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