Baku. Yegane Lachinzade – APA-Economics. Kredobank OJSC’s assets in the first quarter stood at AZN 173.966 mln, up 10.71% from previous year.
Bank says the loan portfolio fell 4.47% to AZN 101.798 mln, consumer lending grew 13.95% to AZN 40.001 mln, mortgage lending fell 2.85% to AZN 4.425 mln, overdue credits enhanced 11.50% to AZN 27.340 mln, deposit portfolio dropped 27.76% to AZN 27.412 mln, and personal savings shed 9.15% to AZN 12.686 mln.
Total capital increased 7.42% to AZN 55.984 mln, authorized capital remained unchanged at AZN 50,540,000.
Revenues slid 52.19% to AZN 3.676 mln, expenditures slipped 67.75% to AZN 3.081 mln.
Profit made AZN 595,000.
The bank currently operates 16 branches, 4 ATMs and 37 POS-terminals across the country.
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