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Ganjabank increases assets

06 November 2014 13:42 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. In the third quarter of 2014, Azerbaijan-based Ganjabank’s assets stood at AZN 131.502 mln, up 34.07% from previous year.

Bank says the loan portfolio rose 45.37% to AZN 112.347 mln, consumption loans raised 36.66% to AZN 0.893 mln, mortgage loans grew 25.54% to AZN 22.064 mln (AZN 17.599 mln given through AMF) and overdue credits increased by 4.80 times to AZN 7.927 mln (7.06% of loan portfolio).

Deposit portfolio fell 3.81% to AZN 5.277 mln, personal savings went up 6.52% to AZN 4.817 mln.

Total capital ended 31.82% higher at AZN 52,809.55 mln, authorized capital climbed 25.00% to AZN 50 mln.

Incomes soared 4.03 times to AZN 12.294 mln, expenditures surged 4.03 times to AZN 10.614 mln.

Profit made AZN 1.680 mln.

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