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Atabank gets rise in assets

Atabank gets rise in assets

29 April 2014 13:12 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. As of April 1, 204, Azerbaijan-based Atabank’s assets stood at AZN 407.599 mln, up 36.9% from previous year.

Bank says the loan portfolio rose 35.6% to AZN 270.03 mln, consumer lending surged AZN 49.2% to AZN 107.487 mln.

Deposit portfolio soared 39.5% to AZN 351.984 mln, personal savings surged 17.1% to AZN 179.283 mln.

Total capital grew 31.2% to AZN 46.328 mln, while the authorized capital grew 34% to AZN 37,500,700.

Incomes made AZN 13.068 mln (+42.2%), expenditures – AZN 11.067 mln (+35.7%).

Profit stood at AZN 2,001,200.

For the present, the bank operates 25 branches, 78 ATMs and 11,948 POS-terminals across the country.

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