Expressbank deposit portfolio increased last year by 83.4%

Assets of Expressbank increased in January-December 2012 by 45.5% to 250.74 million manat. The volume of loans grew by 28% and amounted to 104.1 million manat.

The total liabilities of the bank increased from 92.37 million to 148.89 million manat. Deposit portfolio increased by 83.4% to 136.11 million manat, including term client investments increased by 39.9% to 28.39 million manat.

Balance capital reached 101.84 million manat. Aggregate capital increased by 25.4% to 99.74 million manat, and paid charter capital - by 31% to 87.41 million manat.

The Bank's earnings were equal to 31.58 million manat and the expenditures were 21.12 million manat, increasing as compared to the corresponding period of 2011, respectively, 32.7% and 71.5%. Net profit after tax decreased 8.7% to 10.47 million manat. - 15B -


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