Bank of Baku's assets increased by AZN 12.29 million

The bank's liabilities increased from AZN 41.81 million to AZN 52.67 million. The deposit portfolio increased by AZN 9.34 million (23.45%) and exceeded AZN 49.18 million. The timed deposits increased by AZN 8.90 million (76.64%) to AZN 20.52 million.

The bank's balance capital increased by 11.22% and made up AZN 14.22 million, while its aggregate capital increased by 8.49% and made up AZN 12.70 million. The paid-up authorized capital did not change (AZN 6.80 million).

The bank's ten-month income was AZN 9.51 million, and its expenditure was AZN 5.73 million (+39.37% and +47.02% respectively against Jan.-Oct. 2005). The net profit after taxes was AZN 2.43 million. Turan