Bank Silk Way expanded its lending by 3.4 times

BAKU/25.10.13/TURAN : Assets of JSC Bank Silk Way grew in January-September 2013, up 14.2 %, reaching 214.94 million manat. The volume of issued and corporations loans increased by 3.4 times and amounted to 155.05 million manat.

The total liabilities of the bank declined from 112.1 million to 110.5 million manat. Deposit portfolio decreased by 43.2 % amounting to 56.73 million manat, including term client investments increased by 4.8 % to 20.11 million manat.

Balance sheet assets reached 104.41 million manat. The total capital grew by 36.3 % higher than the 103.21 million manat, and paid charter capital - by 33.5 % to 93.73 million manat.

The bank's earnings were equal to 13.11 million manat and expenditures - AZN 8.24 million , an increase compared to the same period in 2012 , respectively, 22.4% and 43.9 %. Net profit after tax decreased by 1.9 % to 3.12 million manat. - 15B -

 

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