Results of financial-economic activity of JSC AtaBank and at the end of March 2013 were successful.
As reported in the bank, compared to March 2012 the net assets of the bank grew by 31.1%, or 70.6 million manat, 297.8 million manat.
Also, there is a significant dynamics in the growth of the loan portfolio, which is the foundation of assets. The total loan portfolio increased by 28.9%, or 44.7 million manat, 199.2 million manat.
At the reporting date, there was a significant increase in term deposit portfolio. This figure rose to 62.4 million manat, reaching 252.3 million manat. At the end of March 2012 this figure amounted to 190.5 million manat.
Compared with March 2012, the authorized capital of the bank increased by 11.9%, or 2.9 million manats, to 27.9 million manat.
According to the results for the first quarter of this year, the bank earned a net profit of 1.03 million manat.
AtaBank has been operating since 1993, and currently in various regions of the country there are 24 subsidiaries and branch offices of the bank. Of these, 12 are located in the capital, the remaining 12 in the cities of Ganja, Sumgait, Khachmaz, Yevlakh, Mingechevir, Shamkir, Goychay, Shirvan, Lankaran and Naphthalan. -15D -
Economics
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