Baku. Musa Ahmadov - APA-Economics. Kredobank’s assets in the first quarter of 2016 stood at AZN 224.446 mln, up 29.02% from previous year.
Bank says the loan portfolio surged 17.03% to AZN 119.131 mln, consumption loans fell 60.05% to AZN 15.682 mln, mortgage lending grew 8.37% to AZN 4.795 mln, overdue credits slid 8.24 times to AZN 3.317 mln, deposit portfolio advanced 2.28 times to AZN 62.596 mln, and personal savings dropped 5.55% to AZN 2.284 mln.
Total capital shed 2.78% to AZN 54.429 mln, authorized capital increased 6.53% to AZN 53,840,000.
Incomes soared 15.58% to AZN 4.249 ml, expenditures grew 23.66% to AZN 3.810 mln.
Profit amounted to AZN 439,000.
The bank operates 16 branches, 4 ATMs and 33 POS-terminals across the country.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
