Azerbaijani Largest Private Bank Announces Results of Activity in April
Azerbaijan, Baku, 20 may / Trend / As for 30 April 2008, the total volume of assets of the largest private bank of Azerbaijan - Bank Standard made up AZN 628.3mln ($757.7mln). Bank assets has increased by AZN 19.7mln ($23.8mln) or 3% in 2008. The recent increase comprised AZN 257.4mln ($310.4mln) or 69%.
The size of loan issued to customers as for end of April totaled AZN 480.4mln ($579.4mln). Increase of loan portfolio made up AZN 73.7mln ($89mln) or 18% in 2008, and AZN 277.6mln ($334.8mln) or 149% lately.
The volume of funds on customers account made up AZN 232.4mln ($280.3mln) as for end of April. This index has reduced by AZN 25.6mln ($30.8mln) or 10% in 2008. The recent increase made up AZN 8.9mln ($83.1mln) or 40%.
The total sum of deposit with fixed period attracted from individuals and juridical entities was AZN 168.2mln ($202.9mln) as for 30 April 2008. So, there was fixed reduction in the sum of attracted deposits with fixed to AZN16.3mln ($19.6mln) or 9% in 2008.
The income of taxation for 2008 made up AZN6.3mln ($7.6mln). Bank has 43 cash machines and 217 POS-terminals. As on30 April 2008, the number of active cards was 21,200.