Bank Of Baku

Atabank increases consumer lending in first half-year

Atabank increases consumer lending in first half-year
# 24 July 2013 08:35 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of July 1, 2013, Azerbaijan-based Atabank’s assets stood at AZN 303.500 mln, up 29.5% from previous year.

 

Bank says the loan portfolio rose 32.3% to AZN 218.408 mln, including consumer lending surged 1.9 times to AZN 94.652 mln.

 

Deposit portfolio grew 29.1% to AZN 253.951 mln, as well as personal savings were equal to AZN 166.314 mln, up 40.5% in comparison to a year earlier.

 

Total capital soared 21.2% to AZN 39.464 mln, including authorized capital surged 12.0% to AZN 27.986 mln.

 

The bank operates 24 branches, 77 ATMs and 8.766 POS-terminals across the country. 

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