Bank VTB (Azerbaycan) increased for three quarters by almost 94 %

Assets of JSC Bank VTB (Azerbaycan) increased in January -September 2013 by 93.4 %, reaching 166.39 million manat. The volume of issued and corporations loans has doubled and amounted to 146.65 million manat.

The total liabilities of the bank increased from 73.09 million to 137.13 million manat. The deposit portfolio increased by 3.1 times, amounting to 17.48 million manat, including term client investments increased 2-fold to 4.38 million manat.

Balance sheet assets reached 29.26 million manat. The total capital increased by 100 % higher than the 31.39 million manat, and paid charter capital - by 58 % to 37.59 million manat.

The bank's earnings were equal to 14.16 million manat and expenditures - AZN 13.11 million, an increase compared to the same period in 2012 respectively by 73.2 % and 18 %. Net profit after tax amounted to 1.05 million manat. At the end of three quarters of 2012 the bank posted a loss of 2.88 million manat. - 15B -

 

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