Assets of AtaBank hit 50 percent
Azerbaijan, Baku, July 22 / Trend /
In late July of 2009 the assets of the Azerbaijani AtaBank was increased 51.1% and made up 176.4 million manats in comparison with the appropriate period of the last year. It should be noted, that the increase was 59.7 million manats.
During the report period the loan portfolio increased 34.6 % or 31 million manats and equaled to 120.7 million manats.
During this period term deposit portfolio of the bank increased 50.6 million manats or 74.8% and made up more than 118.2 million manats. During the last year the term deposit portfolio of individuals increased 29.7% or 13.9 million manats and made up 60.8 million manats.
During 6 months the balance profit of "AtaBank" OJSC made up 2.9 million manats.
On July 22, the official exchange rate is 0.8042 manat to $1.