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Bank SilkWay gets rise in loan portfolio and deposit base

23 October 2013 11:18 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of October 1, 2013, Azerbaijan-based Bank SilkWay’s assets stood at AZN 214.936 mln, up 55.3% from previous year.

Bank says the loan portfolio doubled to AZN 156.974 mln, as well as consumer lending made AZN 14.418 mln, up 25.8% from 2012. At the sam time, overdue credits rose 4.3 times to AZN 6.296 mln and their share in loan portfolio increased by 1.9 times to 4.0%.

Deposit soared 3.9 times to AZN 56.733 mln, including persona savings were equal to AZN 30.358 mln, up 16.6% in annual comparison.

Total capital surged 1.8 times to AZN 103.218 mln, as well as authorized capital grew by 1.7 times to AZN 93.734 mln.

Total clients rose 4.2% to 8,393, as well as individuals increased by 4.3% to 8,252, juridical persons dropped 1.4% to 141. Number of plastic cards made 11,118, up 30.6% from 2012. Debit cards climbed 22.9% to 10,177, credit cards soared 4.4 times to 941.

The bank operates 6 branches, 33 ATMs and 127 POS-terminals across the country.