Bank Of Baku

Bank Standard gets 20% rise in assets

Bank Standard gets 20% rise in assets
# 17 April 2015 09:25 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of April 1, 2015, Bank Standard’s assets stood at AZN 220.242 mln, up 18.91% from previous year.

 

Bank says the loan portfolio rose 20.40% to AZN 906.361 mln, consumer lending fell 3.71% to AZN 152.364 mln.

 

Mortgage loans surged 6.07% to AZN 49.750 mln (AZN 40.583 mln or 81.57% given through AMF).

 

 

Deposit portfolio soared 19.06% to AZN 804.465 mln, personal savings grew 10% to AZN 632.240 mln.

 

Authorized capital remained unchanged at AZN 75 mln.

 

Incomes advanced 27.1% to AZN 34.433 mln, expenditures enhanced 20.91% to AZN 33.925 mln.  

 

The bank operates 13 branches, 148 ATMs and 1,320 POS-terminals across the country.

 

 

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