Bank Of Baku

Atrabank gets decline in loan portfolio

Atrabank gets decline in loan portfolio
# 30 April 2014 13:31 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. As of April 1, 2014, Azerbaijan-based Atrabank’s assets stood at AZN 72.126 mln, up 16.7% from previous year.

 

Bank says the loan portfolio dropped 6% to AZN 41.237 mln, consumer lending slipped 17.6% to AZN 14.164 mln, overdue credits fell 62.3% to AZN 2.759 mln. 

 

Deposit portfolio tumbled 2.1% to AZN 22.63 mln, personal savings were equal to AZN 1.96 mln, down 19.3% in annual comparison.

 

Total capital grew 85.3% to AZN 21.391 mln, while the authorized capital soared 95.9% to AZN 20,424,800.

 

Incomes surged 30.8% to AZN 1.466 mln, expenditures declined 31.1% to AZN 1.346 mln.

 

Profit made AZN 119,520.

 

For the present, the bank operates 13 branches, 10 ATMs and 76 POS-terminals across the country. 

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