...

Volume of loans issued to PASHA Bank Georgia clients soar

Economy Materials 19 May 2023 09:33 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
Read more

BAKU, Azerbaijan, May 19. The volume of loans issued to clients of PASHA Bank Georgia grew by 30.4 percent, or 51.46 million manat ($30.27 million) - from 169.5 million manat ($99.7 million) to 220.98 million manat ($129.9 million), Board Member of PASHA Bank Murad Suleymanov said at a press conference on the 2022 results, Trend reports.

According to Suleymanov, the volume of the bank clients’ term deposits amounted to 107.98 million manat ($63.5 million).

"Term deposits increased by 30 percent, or 24.9 million manat ($14.6 million) compared to 2021. Moreover, termless deposits grew by 2.27 times - from 27.8 million manat ($16.3 million) to 63.3 million manat ($37.2 million)," he noted.

The board member further said that the total capital of the bank in 2022 amounted to 64.7 million manat ($38 million), which is 49.2 percent or 21.3 million manat ($12.5 million) more than the previous year (43.4 million manat or $25.5 million).

"The total assets of PASHA Bank Georgia increased by 33.4 percent, or 81.75 million manat ($48 million), to 326.5 million manat ($192 million) in 2022," he added.

Tags:
Latest

Latest