On the results of 9 months of 2005 the assets of the commercial Xalq Bank constituted 52 248,62 million AZM. On the results of the first half-year of the current year the analogues index was 38 238,34 million AZM, the bank told Trend .
In the assets’ structure the bank’s credit portfolio was 37 543,6 million AZM, while on the results of the half-year it was 26 657,01 million AZM. The physical entities have been allocated credits for the amount of 7 131,65 million AZM (5 654,14 million AZM), the legal entities received 30 411,95 million AZM (21002,87 million AZM).
The consolidated capital was 27 701,79 million AZM (28 276,61 million AZM, by the constant authorized capital of 29 180 million AZM).
For the moment the bank introduces actively a number of new products, in particular, new kinds of deposits and card services. On the results of the recently held meeting with the representatives of the MasterCard international payment system the bank has a preliminary arrangement on incorporating the structure into the system. The bank plans opening of three branches, one of which will be in downtown Baku.