Bank Of Baku

Atabank sees 25% rise in assets

Atabank sees 25% rise in assets
# 29 October 2013 12:53 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of October 1, 2013, Azerbaijan-based Atabank’s assets stood at AZN 320.308 mln, up 25.0% from previous year.

 

Bank says the loan portfolio rose 25.6% to AZN 234.420 mln, as well as consumer lending stood at AZN 106.214 mln, up 81.2% by contrast to a year earlier.

 

Deposit portfolio surged 26.0% to AZN 271.521 mln, including personal savings were equal to AZN 174.328 mln, up 47.2% in annual comparison. Authorized capital increased by 12.0% to AZN 27.986 mln.

 

Number of plastic cards made 27,649, up 25.3% from 2012. At the same time, debit cards rose 15.4% to 23,947, credit cards approximately tripled to 3,702.

 

Currently, the bank operates 24 branches, 80 ATMs and 8,446 POS-terminals across the country.

 

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