Bank of Azerbaycan increased its net profit by 13 times
JSC Bank of Azerbaycan in the first three quarters of 2012 had a net profit after tax of 2.44 million manat, which is 13 times more than the figure recorded a year earlier. Income and expenses of the bank were respectively 15.62 million and 13.18 million manat.
The assets increased in January-September by 20% to 223.49 million manat. The volume of issued and corporations loans grew by 30% and amounted to 170.27 million manat.
The total liabilities of the bank increased from 164 million to 199.13 million manat. The deposit portfolio increased 27.1% to 130.68 million manat, including term client investments increased by 31% to 72.75 million manat.
The balance capital grew by 14.6% to 24.35 million manat, and the total capital - by 12.8% to 27.36 million manat. The paid authorized capital remained at 33.5 million manat. - 15B -
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- Question-answer
- 23 November 2012 12:50
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- Economics
- 23 November 2012 13:40
Economics
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