Bank Of Baku

Ganjabank gets over 20% rise in assets

Ganjabank gets over 20% rise in assets
# 05 February 2015 08:50 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. As of January 1, 2015, Ganjabank’s assets stood at AZN 133.738 mln, up 21.13% from previous year.

 

Bank says the loan portfolio rose 24.30% to AZN 118.393 mln, consumption loans dropped 45.96% to AZN 869.380, mortgage loans raised 20.11% to AZN 21.827 mln (AZN 17.419 mln or 79.81% given through AMF), overdue credits fell 7.4% to AZN 4.758 mln.  

 

Deposit portfolio shed 21.85% to AZN 4.912 mln, personal savings slipped 79.12% to AZN 244,000.

 

Total capital grew 5.37% to AZN 53.630 mln, authorized capital remained unchanged at AZN 50 mln.

 

Incomes surged 2.91 times to AZN 14.584 mln, expenditures soared 3.07 times to AZN 12.158 mln.

 

Bank’s profit made AZN 2.426 mln.

 

The bank operates 5 branches, 6 ATMs and 21 POS-terminals across the country.  

 

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