Bank Of Baku

Bank Standard gets 4.5% rise in assets

Bank Standard gets 4.5% rise in assets
# 18 November 2015 14:41 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In the third quarter of 2015, Bank Standard’s assets made AZN 1,187,110,000, up 4.47% in annual comparison.

 

Bank says the loan portfolio rose 9.59% to AZN 899.503 mln, consumption loans raised 37.5% to AZN 153.319 mln, mortgage loans grew 2.35% to AZN 51.520 mln (AZN 43.314 mln or 84.07% given through AMF), deposit portfolio fell 5.06% to AZN 733.811 mln, personal savings dropped 7.34% to AZN 562.440 mln, total capital advanced 27.28% to AZN 50.744 mln, authorized capital remained unchanged at AZN 75 mln.

 

Revenues ascended 27.64% to AZN 91.738 mln, expenditures climbed 24.41% to AZN 92.975 mln.

 

Bank’s loss amounted to AZN 1.237 mln. 

 

For the present, the bank operates 14 branches, 152 ATMs and 1,198 POS-terminals across the country.   

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