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Assets of AtaBank hit 50 percent

Business Materials 22 July 2009 13:42 (UTC +04:00)
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.
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.

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