Azer-Turk Bank gets rise in assets

Azer-Turk Bank gets rise in assets
# 11 February 2015 10:50 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of January 1, 2015, Azer-Turk Bank’a assets stood at AZN 294.043 mln, up 3.11 times from previous year.

Bank says the loan portfolio rose 3.51 times to AZN 213.511 mln, overdue credits raised 59.5% to AZN 11.614 mln, deposit portfolio increased 5.62 times to AZN 204.449 mln, personal savings grew 81.17% to AZN 25.6810 mln.

Total capital advanced 3.39 times to AZN 53.734 mln, authorized capital went up 3.72 times to AZN 50.000 mln.

Incomes surged 45.81% to AZN 17.076 mln, expenditures soared 83.24% to AZN 16.995 mln.

Profit made AZN 80,200.

The bank operates 4 branches, 9 ATMs and 42 POS-terminals across the country.

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