Baku. Vusal Nabiyev - APA-Economics. In the first quarter of 2015, the assets of Bank VTB (Azerbaijan) stood at AZ 367 mln, up 79% from previous year.
Bank says the loan portfolio rose 77% to AZN 345 mln, including consumer lending made 45% of loan portfolio, up AZN 66 mln or 74% in comparison to a year earlier. Car loan amounted to AZN 67 mln and cash loans to AZN 65 mln.
AZN 190.5 mln was given to entrepreneurship (55%), Bank allocated AZN 119 mln for financing of small business, up AZN 57 mln or 93% in comparison to a year earlier. Moreover, the bank allocated AZN 72 mln for medium and large business by rising this lending 60%.
Deposit portfolio exceeded AZN 22 mln, up 46% in annual comparison.
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