Baku. Yegane Lachinzade - APA-Economics. Ajami branch of Bank VTB (Azerbaijan) marks its fourth anniversary. Bank released positive financial indicators.
Bank told APA-Economics that as of September 1, 2015, the branch’s loan portfolio stood at AZN 44.4 mln, up 28% from previous year. Of this, AZN 20 mln or 42% fell to share of car loans.
Loans for small business increased 18% to AZN 2 mln, mortgage portfolio surged 30% to AZN 12.8 mln, deposit portfolio exceeded AZN 2 mln, which is a 69% increase compared to a year earlier.