Baku. Musa Ahmadov – APA-Economics. Caucasus Development Bank’s assets in the third quarter made AZN 159.363 mln, up 11.68% from previous year.
Bank says the loan portfolio rose 19.09% to AZN 151.337 mln, consumption loans raised 80.17% to AZN 36.189 mln, mortgage lending soared 38.06% to AZN 2.369 mln (all given through AMF), overdue credits grew 33.82% to AZN 2.901 mln, deposit portfolio advanced 10.93% to AZN 8.448 mln, personal savings increased 24.69% to AZN 6.880 mln. 1
Total capital surged 4.74% to AZN 54.308 mln, while authorized capital ascended 9.09% to AZN 60 mln.
Incomes fell 7.32% to AZN 10.706 mln, expenditures climbed 54.43% to AZN 9.738 mln.
Profit made AZN 968 mln.
The bank operates 3 branches, 1 ATMs and 4 POS-terminals across the country.
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