Aggregate capital of ParaBank grew more than a third in 2012

JSC ParaBank grew in assets over the last year by 4.6% to 109.6 million manat. Lending to individuals and businesses increased 2.6% to 76.02 million manat.

The total liabilities of the bank decreased from 91.77 million to 90.11 million manat. Deposit portfolio decreased by 1.1% to 63.59 million manat, including term deposits decreased by 0.9% to 59.59 million manat.

Balance capital grew by 49.9% to 19.49 million manat, and the total capital - by 34.1% to 16.86 million manat. Paid authorized capital remained at 11.57 million manat.

The Bank's earnings were equal to 19.44 million manat, increasing compared to 2011 by 1.6%, while expenses decreased by 9.8% to 17.5 million manat. Net profit after tax amounted to 1.94 million manat. - 15B -


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