Bank Of Baku

NBC Bank gets 29% in assets

NBC Bank gets 29% in assets
# 27 May 2013 13:18 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. As of April 1, 2013, Azerbaijan-based NBC Bank’s assets stood at AZN 88.769 mln, up 28.7% from previous year.

 

Bank says the loan portfolio rose 32.3% to AZN 74.123 mln, as well as consumer lending made AZN 58.452 mln, up 35.7% compared to a year earlier.

 

Deposit portfolio soared 39.1% to AZN 42.007 mln. Total capital surged 45.7% to AZN 26.838 mln, including authorized capital climbed 37.2% to AZN 22.535 mln.

 

At present, the bank operates 10 branches, 16 ATMs across the country.

 

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