Bank Of Baku

Atrabank gets 16% rise in assets

Atrabank gets 16% rise in assets
# 17 November 2014 14:24 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. In the third quarter of 2014, Atrabank’s assets stood at AZN 68.305 mln, up 15.71% from previous year.

 

Bank says the loan portfolio dropped 3.33% to AZN 41.375 mln, consumption loans fell 13.29% to AZN 14.269 mln, overdue credits rose 21.70% to AZN 11.137 mln (26.92% of loan portfolio), and deposit portfolio slipped 18.79% to AZN 16.618 mln.

 

Total capital raised 80.91% to AZN 21.298 mln, authorized capital grew 95.93% to AZN 20,424,800.

 

Incomes slid 23.91% to AZN 4.430 mln, expenditures shed 17.92% to AZ 4.425 mln.

 

Profit made AZN 4,790.

 

The bank operates 13 branches, 12 ATMs and 59 POS-terminals across the country.

 

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