Bank Of Baku

Gunay Bank increases authorized capital

Gunay Bank increases authorized capital
# 27 October 2014 09:23 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. In the third quarter of 2014, Azerbaijan-based Gunay Bank’s assets stood at AZN 43.802 mln, up 18.71% from previous year.

 

Bank says the loan portfolio rose 9.03% to AZN 45.444 mln, consumption loans fell 49% to AZN 773,000, and overdue credits raised 0.18% to AZN 2.048 mln.

 

Deposit portfolio surged 30.47% to AZN 11.523 mln, personal savings slipped 21.41% to AZN 6.390 mln.

 

Total capital grew 72.14% to AZN 20.146 mln, authorized capital went up 61.99% to AZN 20.098 mln.

 

Incomes increased 4.83 times to AZN 889,000, expenditures slid 24.86% to AZN 374,000.

 

Profit made AZN 780,000.

 

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

 

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