Bank Of Baku

Gunay Bank doubles consumer lending

Gunay Bank doubles consumer lending
# 29 January 2016 09:42 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of January 1, 2016, Gunay Bank’s assets stood at AZN 95.904 mln, up 4.5% compared to a year ago.

 

Bank says the loan portfolio fell 88.8% to AZN 10.009 mln, consumer lending rose 2.2 times to AZN 442,070, overdue credits surged 9.8% to AZN 2.219 mln, deposit portfolio grew 67.23% to AZN 20.264 mln, and personal savings increased 2.9 times to AZN 19.105 mln.  

 

Total capital dropped 5.6% to AZN 60.599 mln, while the authorized capital remained unchanged at AZN 64.910 mln.

 

Loss made AZN 5,295,950.

 

The bank operates 1 branch, 1 ATMs and 4 POS-terminals across the country. 

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