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Contributions to Azerbaycan Senaye Banki Increased More Than Three Times
Assets of Azerbaycan Senaye Banki increased in January -June 2013 by 45%, reaching 235.89 million manat. The volume of issued and corporations loans grew by 7.6 % and amounted to 92.39 million manat.
Total liabilities of the bank increased from 125.55 million to 197.03 million manat. The deposit portfolio increased by 75.7 % to 100.57 million manat, including term client investments increased by 3.1 times to 74.85 million manat.
The balance capital grew by 4.7 % to 38.86 million manat, and the total capital - by 6.6 % more than 33.78 million manat. Paid charter capital remained unchanged at 28 million manat.
The bank's earnings were equal to AZN 8.9 million , a decrease compared to the same period in 2012 by 3.3 %, while expenses increased by 10.2 % to 6.49 million manat. Net profit after tax decreased 5.6 % to AZN 2.4 mln. - 15B -
Economics
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