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Ganjabank gets rise in assets

02 May 2014 08:39 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. As of April 1, 2014, Azerbaijan-based Ganjabank’s assets stood at AZN 116.468 mln, up 2.1 times from previous year.

Bank says the loan portfolio rose 2.5 times to AZN 98.601 mln, consumer lending soared 94.9% to AZN 1.516 mln, mortgage lending made AZN 20.205 mln (AZN 15.628 mln given through AMF), overdue credits stood at AZN 1.418 mln.

Deposit portfolio grew 20.4% to AZN 6.674 mln, personal savings were equal to AZN 1.07 mln, up 5.3 times in comparison to a year earlier.

Total capital increased by 3.6 times to AZN 51.591 mln, while the authorized capital went up 3.3 times to AZN 50 mln.

Incomes surged 11.6 times to AZN 7.85 mln, expenditures – 12 times to AZN 7.204 mln.

Profit made AZN 645,820.

For the present, the bank operates 3 branches, 6 ATMs and 21 POS-terminals across the country.