In the first quarter Capital Bank lost more than half of individual deposits
Assets of Capital Bank in January-March 2013 decreased by 467.3 million or 14.4% to 2,772.7 million manat. The loan portfolio decreased by 475.9 million or 27.5% to 1253.7 million manat.
According to the bank, the deposit portfolio for the period decreased by 16.7% to 447.5 million manats, including retail deposits decreased by 211.4 million or 2.3 times to 166.3 million manats.
The total capital increased to 118.8 million manat, and the paid charter capital remained at the level of AZN 50 million.
The revenues and expenses of the bank equaled 31.8 million, respectively, and 26.9 million manat. The balance sheet profit for the first quarter amounted to 4.9 million manat. - 15B -
Economics
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