Bank Of Baku

Bank BTB gets rise in total capital

Bank BTB gets rise in total capital
# 22 July 2014 12:51 (UTC +04:00)

 

Baku. Parviz Nuriyev – APA-Economics. Bank BTB’s assets during the second quarter of 2014 made AZN 139.204 mln, up 29.07% from previous year.

 

Bank says the loan portfolio rose 1.36% to AZN 96.790 mln, consumer lending soared 8.93% to AZN 54.429 mln, car loans dropped 4% to AZN 20.307 mln. 

 

Mortgage lending surged 65.38% to AZN 2.859 mln.

 

As of July 1, 2014, the overdue credits increased by 2.03 times to AZN 2.523 mln.  

 

Compared to a year earlier, deposit portfolio fell 3.09% to AZN 48.274 mln, personal savings dropped 0.36% to AZN 41.533 mln.

 

Total capital grew 2.91 times to AZN 54.553 mln, authorized capital rose 3.3 times to AZN 44.840 mln.

 

Incomes climbed 17.32% to AZN 10.879 mln, expenditures soared 19.64% to AZN 8.199 mln. 

 

Profit stood at AZN 5,156,480.

 

The bank operates 10 branches, 18 ATMs and 27 POS-terminals across the country.

 

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