Bank Of Baku

Atabank gets rise in assets

Atabank gets rise in assets
# 04 September 2014 10:12 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. Atabank’s assets in the second quarter of 2014 made AZN 68.434 mln, up 11.8% from previous year.

 

Bank says the loan portfolio dropped 5.4% to AZN 40.877 mln, consumer lending fell 18.4% to AZN 13.739 mln, overdue credits rose 35.2% to AZN 10.423 mln, deposit portfolio slipped 21.9% to AZN 17.689 mln.

 

Total capital grew 83.1% to AZN 21.321 mln, authorized capital rose 95.9% to AZN 20,424,800.

 

Incomes fell 27.1% to AZN 2.938 mln, expenditures slid 22.3% to AZN 2.887 mln.

 

Profit made AZN 50,660.

 

For the present, the bank operates 13 branches, 10 ATMs and 62 POS-terminals across the country.

 

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