Ata Bank Boosts Loans and Deposits of Population
The credit portfolio of Ata Bank reached AZN 530.4 million (+ 19.2%) in 2015. On its deposit accounts there was 443.5 million manats, of which the share of deposits of physical persons was 260.8 million manats (+ 37.7%) by January 1.
The bank's assets also increased (+ 4%), reaching by the end of the reporting period 607 200 000 manats with obligations at the level of 534 million manats (+ 3.2%).
The shareholders' equity decreased by 14.4% and at the beginning of the year amounted to 53.7 million AZN. The authorized capital of 50 million AZN did not change.
The bank worked with a net profit of 1.4 million AZN.
JSC Ata Bank has been working since 1994. Its only shareholder is the group of companies Ata Holding. --17D-
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