Bank Of Baku

Atrabank sees about 50% rise in assets

Atrabank sees about 50% rise in assets
# 05 February 2015 13:27 (UTC +04:00)

Baku. Yegane Lachinzade – APA-Economics. As of January 1, 2015, Atrabank’s assets stood at AZN 99.593 mln, up 48.95% from previous year.

 

Bank says the loan portfolio rose 11.06% to AZN 45.540 mln, consumption loans fell 12.8% to AZN 13.146 mln, and overdue credits raised 9.52% to AZN 11.409 mln (25.05% of total loan portfolio).

 

Deposit portfolio dropped 30.7% to AZN 19.585 mln, personal savings slipped 86.81% to AZN 1.461 mln.

 

Total capital grew 4.41 times to AZN 50.798 mln, authorized capital advanced 4.38 times to AZN 45,612,800.

 

Incomes shed 21.08% to AZN 5.990 mln, expenditures slid 16.08% to AZN 6.313 mln.

 

Bank’s loss made AZN 323,240.

 

The bank operates 13 branches, 12 ATMs and 55 POS-terminals across the country.

 

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