Azerbaijani bank's loan portfolio exceeds 72 million manat
Azerbaijan, Baku, July 9/ Trend /
The Azerbaijani ASB Bank's assets amounted to 106.3 million manat as of June 1, compared to 109.98 million manat as of May 1, or down by 3.3 percent, the bank reported.
The bank's deposit portfolio amounted to 73 million manat compared to 76.9 million manat as of May 1, or down by 5.1 percent.
The bank's loan portfolio increased by 1.2 percent to 72.6 million manat in May compared to 71.4 million manat. The total capital amounted to 24.9 million manat in early April and the bank's authorized capital is 22.11 million manat.
ASB Bank began operations in 1996. The bank has eight branches, 26 ATMs and 261 POS-terminals.
The official exchange rate is 0.9036 manat to $1 July 9.
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