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Expressbank gets rise in assets

20 April 2015 08:44 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of April 1, 2015, Expressbank’s assets stood at AZN 293.930 mln, up 11.68% from previous year.

Bank says the loan portfolio rose 10.04% to AZN 206.839 mln, consumption loans grew 39.85% to AZN 81.078 mln, mortgage loans went up 42.05% to AZN 5.709 mln, overdue credits soared 2.4 times to AZN 7.342 mln (3.55% of total loan portfolio), deposit portfolio enhanced 15.40% to AZN 129.454 mln, and the personal savings surged 23.16% to AZN 53.792 mln.

Authorized capital increased 9.02% to AZN 122.444 mln, while the total capital enlarged 9.14% to AZN 142.282 mln.

Incomes expanded 12.32% to AZN 12.749 mln, expenditures ascended 76.88% to AZN 11.122 mln.

Profit made ANZ 1.627 mln.

The bank operates 17 branches, 81 ATMs and 6,738 POS-terminals across the country.