DekaBank gets 15% rise in assets

DekaBank gets 15% rise in assets
# 04 September 2014 08:58 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. DekaBank’s assets in the second quarter of 2014 made AZN 54.513 mln, down 15.39% from previous year.

Bank says the loan portfolio rose 2.83% to AZN 53.550 mln, consumer lending fell 35.08% to AZN 8.585 mln, overdue credits soared 73.78% to AZN 4.520 mln, deposit portfolio slipped 25.57% to AZN 6.486 mln, personal savings slid 28.94% to AZN 5.791 mln.

Bank did not give mortgage loans during the reporting period.

At the same time, total capital dropped 30.47% to AZN 18.390 mln, while the authorized capital remained unchanged at AZN 23,985,000.

Incomes surged 23.64% to AZN 4.148 mln, expenditure increased by 6.27 times to AZN 10.527 mln.

Bank’s loss made AZN 6,379,310.

For the present, the bank operates 7 branches, 3 ATMs and 8 POS-terminals across the country.

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