Baku. Musa Ahmadov - APA-Economics. As of January 1, 2015, Bank of Baku’s assets stood at AZN 748.192 mln, up 12.42% from previous year.
Bank says the loan portfolio rose 15.49% to AZN 659.343 mln, consumption loans raised 11.92% to AZN 545.380 mln, overdue credits grew 88.39% to AZN 47.841 mln, and personal savings increased 6.91% to AZN 419.973 mln.
Total capital advanced 10.94% to AZN 138.232 mln, while the authorized capital remained unchanged at AZN 52,870,000.
Incomes surged 23.23% to AZN 137.059 mln, expenditures soared 35.10% to AZN 86.101 mln.
Profit made AZN 50.958 mln.
The bank operates 24 branches, 44 ATMs and 1,662 POS-terminals across the country.
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