Azerbaijani Unibank’s Assets Increase 1.8% in January to June 2007

Business Materials 17 October 2007 19:27 (UTC +04:00)

Azerbaijan, Baku / Trend / In January to June 2007, the assets of Azerbaijan's Unibank increased another 1.8 times making up AZN 249mln, according to the bank.

The credit portfolio of the bank in assets structure (except reserves) made up AZN 150mln. In the first half of 2007, the figure increased 1.7 times.

According to PriceWaterhouseCoopers, an international auditing company, as a result of the first half of 2007 the total amount of the deposits attracted by Unibank made up AZN 96.9mln (a 1.2-times increase).

The funds received from different financial institutions in the first half of 2007 rose 3.1 times amounting to AZN 111.8mln.

The authorized capital of the bank in 2007 increased 1.8 times amounting to AZN 12mln.