Azerbaijan, Baku, Aug. 26 / Trend /
Assets of the Azerbaijani Azerdemiryolbank increased in July and amounted to 223.9 million manat as for Aug. 1, the bank said on Aug. 26. This figure upped 22.5 million manat or 11.2 percent within the last year. The bank's loan portfolio was 166.4 million manat.
Clients' deposits totaled 63.1 million manat, increasing by 23 percent or 11.8 million manat compared to the same period of 2008.
People's deposits reached 53.8 million manat. This figure increased 38.8 percent or 15 million manat which testifies the bank's successful activity.
The bank's capital made up 39.6 million manat and the paid authorized capital was 16.4 million manat in the report period.
One of the country's first commercial banks Azerdemiryolbank was founded in 1989. The bank's shareholders also include giant international finance organizations, such as EBRD and FMO. The bank has 32 branches and department in Baku and the regions.
On Aug. 26, the official exchange rate is 0.804 manat to $1.
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