Gunay Bank gets decline in personal savings

Gunay Bank gets decline in personal savings
# 25 April 2014 14:22 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. As of April 1, 2014, Azerbaijan-based Gunay Bank’s assets stood at AZN 38.255 mln, up 0.2% from previous year.

Bank says the loan portfolio rose 2.3% to AZN 35.019 mln, consumer lending dropped 65.6% to AZN 614,990. Overdue credits surged 0.5% to AZN 2.045 mln. Deposit portfolio fell 3.8% to AZN 9.947 mln, personal savings slipped 20% to AZN 7.539 mln.

Total capital soared 17.9% to AZN 15.356 mln, while authorized capital grew 27.35% to AZN 587,440.

Incomes rose 44.5% to AZN 1,462,000, expenditures dipped 67% to AZN 172,000.

Profit made AZN 741,540.

For the present, the bank operates 1 branch, 1 ATM and 4 POS-terminals across the country.

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