Bank VTB (Azerbaijan) increases assets sharply

Bank VTB (Azerbaijan) increases assets sharply
# 15 July 2014 15:15 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. Assets of the Bank VTB (Azerbaijan) I January-June, 2014 rose 98.49% to AZN 229.699 mln.

Loan portfolio made AZN 215.985 mln, up 94.83% by contrast to a year earlier. Consumer lending soared 75.97% to AZN 101.636 mln.

Overdue credits surged 4.53 times to AZN 17.828 mln.

Deposit portfolio made AZN 15.976 mln, including personal savings stood at AZN 6.289 mln, up 92.76% from 2013.

Bank’s total capital grew 195.56% to AZN 47.837 mln, authorized capital increased by 2.1 times to AZN 50.815 mln.

Incomes climbed 149.04% to AZN 20.257 mln, profit stood at AZN 2.520 mln.

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