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Azerbaijani Unibank’s assets climb up by 25%

Business Materials 18 December 2008 20:30 (UTC +04:00)

Azerbaijan, Baku, Dec. 18 / Trend / Unibank summed up the results of financial indexes for eleven months in 2008, and approved the stable growth on key financial indexes.

Assets of Unibank, after increasing in the comparison since Nov 2007 by 25%, composed AZN 443.3mln, which, in its turn by 14% s more than the appropriate index on Jan. 1 2008, a source from bank said on Dec. 18.

The credit portfolio of bank, after increasing by 26% this year, composed AZN 321.3mln, which is by 17% exceeds the index to the beginning of January 2008.

Due to the state on Nov. 30 2008 the volume of deposits by individuals drawn by bank composed AZN 66.96mln. This year the index increased by 29%, and increase was 22% in 2008.

The incomes of bank on as a result of January- November composed AZN 72,625, which is by 78% higher than during the same period of the last year. The expenditures of bank grew by 91% and composed AZN 62,860. The balance profit of bank composed AZN 9,765 with by 24% increase in comparison with the analogous period of 2007. 

On Dec.18, the official currency rate is 0.8008 AZN/USD.

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