Bank Of Baku

Expressbank sees 40% growth in assets

Expressbank sees 40% growth in assets
# 26 January 2015 11:04 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of January 1, 2015, Expressbank’s assets stood at AZN 330.989 mln, up 41.75% from a year earlier.  

 

Bank says the loan portfolio raised 17.01% to AZN 207.882 mln, consumption loans rose 30.97% to AZN 73.303 mln, mortgage loans surged 1.66 times to AZN 5.363 mln (all given through AMF), overdue grew 2.05% to AZN 4.821 mln (2.32% of loan portfolio).  

 

Deposit portfolio increased 74.49% to AZN 166.621 mln, personal savings went up 33.41% to AZn 51.319 mln.

 

Total capital grew 10.32% to AZN 140.889 mln, authorized capital advanced 9.02% to AZN 122.444 mln.

 

Incomes soared 1.36 times to AZN 48.754 mln, expenditures surged 1.32 times to AZN 33.953 mln.

 

Profit made AZN 14.801 mln.

 

The bank operates 16 branches, 81 ATMs and 4,570 POS-terminals across the country.

 

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