Azerbaycan Senaye Banki Increases 20%

The assets of Azerbaycan Senaye Banki by October 1 of this year amounted to 407 767 840 manat (+ 20.2% on 1 January), while for the liabilities, including long-term, the amount is 336 064 860 manat.

As stated in the bank’s report, its loan portfolio grew by one third (+ 33.5%), reaching 162 208 960 manat. At the same time decreased the activity of private investors - the deposit portfolio "lost" by 11.4%, amounting to 210,250,330 manat.

The equity capital as for October 1, 2014 was 66,589,510 manat (+ 8.5%) at the constant authorized capital of 60 million manat.

The bank earned net profit of 3,914,190 manat.

JSC Azerbaycan Senaye Banki was founded as a joint investment bank CIBank with Turkish capital in 1996. Among the shareholders there are Ltd. Anadolu Investment Company - 94,2517%, Azerbaycan Senaye Sigorta - 5,1735% and LLC Azerbaycan Senaye Leasing - 0,5748%. --17D-

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