AGBank Increased by More than Quarter

Assets of AGBank increased in January- September 2013, up 25.6 %, reaching 435.29 million manat. The volume of issued and corporations loans grew by 26 % and amounted to 314.44 million manat.

Total liabilities of the bank increased from 299.53 million to 383.44 million manat. The deposit portfolio increased by 13.8 % to 250.86 million manat, including term client investments increased by 15.2 % to 179.72 million manat.

The balance capital grew by 10.7 %, reaching 51.86 million manat, and the total capital - 19.5 % higher than 50.92 million manat. The paid charter capital remained unchanged at 25 million manat.

The bank's earnings were equal to 42.77 million manat and the expenditures were AZN 36.62 million, an increase compared to the same period in 2012 respectively by 22.6 % and 26 %. The net profit after tax increased 0.6 % to 3.41 million manat. - 15B -

 

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