Accessbank increased its net profit more than doubled
JSC Accessbank in the first quarter of 2013 had a net profit after tax of 7.42 million manat, which is 2.5 times more than the same period in 2012. The bank's earnings were equal to 29.48 million manat, and expenses - 22.12 million manat, increasing respectively by 29.4% and 11.1%.
Assets increased in January-March, up 6.6% to 560.35 million manat. The volume of loans increased 10.8% to 452.79 million manat.
The total liabilities of the bank increased from 416.73 million to 449.31 million manat. The deposit portfolio increased by 11.6% to 150.39 million manats, including term client investments increased by 15.8% to 106.46 million manat.
The balance capital grew by 1.7% to 111.04 million manat, and the total capital conversely decreased by 1 percent to 101.07 million manat. Paid charter capital remained unchanged totaled 85 million manat. - 15B -
Economics
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