Azerbaijan, Baku, Jan. 6. / Trend N. Ismayilova /
As of 2009 OJSC Azernegliyyat Bank's assets hit 71,317 million manat which exceeds by 10.4 percent the figure recorded in early 2009, the bank said today
Bank's net income made up 773,000 manat as of 2009 compared to 164,640 in early 2009. Bank's loan portfolio increased by 43.3 percent to 20.53 million manat in this period
The bank's combined capital increased by more than two times to 26.53 million manat in 2009. The bank's authorized capital made up 25,215 million manat in late December which exceeds by 2.3 times the figure recorded in early 2009
Azerneqliyyat Bank was established in 1989 as a commercial bank and the bank was transformed into an open joint stock company in 2005. At present the bank has 8 branches in Baku and the regions of the country.
On Jan. 6, the official exchange rate is 0.803 manat to $1.
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