TODAY.AZ / Business

Bank of Baku increased its total assets by 54%

14 April 2006 [08:55] - TODAY.AZ
In January-March of the current year, Bank of Baku obtained AZN 875 thousand of net profit, and it exceeds the same figure of the last year's relevant period by AZN 299 thousand or 52%. In the reporting period Bank' total assets increased by AZN 868 thousand or 54% and came to AZN 2.46 million.

Aggregate incomes grew by AZN 351 thousand or 35% to AZN 1.35 million.

As APA was informed from Bank of Baku, by April 1 of the current year, volume of assets of the Bank totaled AZN 47.57 million, loan portfolio AZN 29.63 million, and deposit portfolio AZN 33.18 million.

It should be noted that Bank's paid-up capital amounted to AZN 6.8 million, and aggregate capital exceeded AZN 13.62 million.

URL: http://www.today.az/news/business/25146.html

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