Bank Of Baku

Ganjabank gets rise in Q1 assets

Ganjabank gets rise in Q1 assets
# 27 May 2015 09:50 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Ganjabank’s assets in the first quarter of 2015 stood at AZN 132.524 mln, up 13.79% from previous year.

 

Bank says the loan portfolio rose 15.62% to AZN 114.004 mln, consumer lending fell 53.91% to AZN 698,750, mortgage loans raised 10.31% to AZN 22.289 mln, overdue credits surged 17.6 times to AZN 25.017 mln, deposit portfolio dropped 19.3% to AZN 5.386 mln, and the personal savings shed 67.85% to AZN 343,000.

 

Total capital slipped 2.84% to AZN 50.129 mln, authorized capital remained unchanged at AZN 50 mln.

 

Incomes slid 5.2 times to AZN 1.497 mln, expenditures went down 1.4 times to AZN 4.971 mln.

 

Loss amounted to AZN 3.475 mln.

 

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

 

 

 

 

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