Bank Of Baku

Bank Avrasiya gets 25% rise in assets within last year

Bank Avrasiya gets 25% rise in assets within last year
# 24 October 2013 14:41 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of October 1 2013, assets of Bank Avrasiya made AZN 79.009 mln (+25.2%).


During the reporting period, loan portfolio of the bank grew by 36.6% to AZN 50.009 mln, consumer loans made AZN 7.045 mln by rising 2.3 times.

Deposit portfolio soared 36.8% to AZN 44.047 mln. Population deposits amounted to AZN 38.427 mln (+26.3%).

Total capital rose 8.6% to AZN 22.807 mln as well as authorized capital remained unchanged at AZN 20.000 mln.

Number of total customers increased by 36.7% to 3,330, as well as individuals rose 38.0% to 3,096, legal entities soared 21.9% to 234. Number of plastic cards stood at 2,364 as of October 1, 2013, up 30.5% compared to last year. Debit cards decreased by 27.8% to 1,264, credit cards grew by 33.7% to 1,110.

At present time, the bank operates 1 branch, 8 ATMs, 162 POS-terminals and 48 employees across the country.

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