TODAY.AZ / Business

Assets of UniBank CB rise by 69%

20 September 2006 [08:59] - TODAY.AZ
UniBank CB has done the financial summary of the first eight months of 2006 indicating the material growth over all the key financial parameters as against the same period, 2005, on average 1.7-2 times.

As APA reports, the assets of the Bank rose by 78.9% in comparison with July 2005 and stood at AZN 109.45 mn, which represents a 69.1% increase from 1 January 2006.

The credit portfolio of the Bank rose by 85.3% reaching AZN 71.6 mn and being 60.6% up on early this year.

The deposits attracted by the Bank amounted to AZN 71.4 mn by 1 September 2006 having grown by 82.5% since early this year and representing a 71% rise annually.

The eight-month incomes of the Bank equalled AZN 10 648 000 being a 65.5% rise on the same period last year. The balance profits of the Bank equalled AZN 3.18mn representing a 105.8% increase as against the same period last year.

URL: http://www.today.az/news/business/30404.html

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