Bank Of Baku

Parabank gets 16% rise in total capital

Parabank gets 16% rise in total capital
# 25 November 2014 09:31 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In the third quarter of 2014, Parabank’s assets stood at AZN 127.146 mln, up 6.16% from previous year.

 

Bank says the loan portfolio rose 12.58% to AZN 98.103 mln, consumption loans fell 14.54% to AZN 33.084 mln, and overdue credits increased 41.31% to AZN 12.795 mln. Deposit portfolio went up 1.46% to AZN 70.111 mln, savings raised 0.71% to AZN 69.180 mln.

 

Total capital grew 15.73% to AZN 21.358 mln, authorized capital remained unchanged at AZN 11,570,400.

 

Incomes soared 75.48% to AZN 27.156 mln, expenditures surged 83.22% to AZN 25.406 mln.

 

Profit made AZN 1,746,600.

 

The bank operates 16 branches, 16 ATMs and 200 POS-terminals across the country.

 

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