TODAY.AZ / Business

Azerneqliyyatbank's assets grew 46%

31 January 2007 [10:56] - TODAY.AZ
Azerbaijan’s Azerneqliyyatbank, to January 1, increased its assets to AZN 16.2mln, up 46% from the previous year.

Bank's Head Office told the APA that its loan portfolio expanded 25% to AZN 13.8mln, deposit portfolio rose 35% to AZN 6.5mln.

Bank's aggregate capital grew 57% to AZN 9.4mln, including nominal capital jumping 61% to AZN 9.2mln.

Its revenues rose 8% to AZN 2.7mln and expenditures climbed 28% to AZN 1.8mln.

Azerneqliyyatbank made a profit of AZN 2.7mln in 2006.

URL: http://www.today.az/news/business/35684.html

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