From consumer to business lending

 In January the JSC «Unibank» will revise lending portfolio, preferring not consumer , but entrepreneurial credit, said today at a press conference executive director Jalal Gasimov. According to him, at the end of last year the amount of aid to businessmen was 133 million, by December 1, this year, it  has already reached 208 million manat, and by the end of the year it is expected  220 million manat. "In 2015, we expect a further increase in the portfolio,"  he said. In retail lending, the bank has already made progress, so that next year is expected to nearly 1 billion manat of total loans. According to Gasimov, the total assets of the bank by December 1, already accounted for 865 million manat, and the number of clients  of «Unibank» for the last three years has increased by three times.

The  JSC «Unibank» was  created in October 2002. In the charter capital  66.21% is  owned by individuals, 33.79% -  by legal entities, including 12.15%  by the EBRD , and  6.68%by the  German DEG. --17D-