Baku. Musa Ahmadov – APA-Economics. As of January 1, 2016, Azerbaijan-based Zaminbank’s assets stood at AZN 484.263 mln, down 3.58% compared to a year ago.
Bank says the loan portfolio dropped 4.92% to AZN 304.170 mln, consumption loans slid 11.98% to AZN 191.247 mln, mortgage lending increased 2.58% to AZN 47.605 mln, overdue credits slipped 7.06% to AZN 13.231 mln, deposit portfolio shed 17.84% to AZN 87.043 mln, and the personal savings dropped 17.28% to AZN 81.553 mln.
Total capital descended 0.23% to AZN 56.249 mln, authorized capital remained unchanged at AZN 52,181,800.
Incomes declined 2.34 times to AZN 17.967 mln, expenditures fell 2.29% to AZN 18.034 mln.
Bank ended 2015 with loss of AZN 67,000.
The bank operates 39 ATMs, 39 branches and 1,891 POS-terminals across the country.
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