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Assets of UniBank increase by 61% by Jan 2006

Business Materials 14 February 2006 18:05 (UTC +04:00)

As a result of the activities of UniBank in January 2006 its assets grew by 61% as compared January 2005, and comprised 69.14m AZN (345.7bn AzM). In its turn, it is 7% more than the appropriate figure by 1 January 2006, Trend reports referring to a news release spread by the bank.

The loan portfolio increased by 59% over a year and reached 45.88m AZN (229.4bn AzM), or 3% more as compared early January 2006.

As of 1 February the amount of the deposits attracted by the bank comprised 45.15m AZN (225.8bn AzM). The Annual growth made up 97%, while the growth over the past period of 2006 comprised 8%.

The incomes of the bank comprised 1.03m AZN (5.2bn AzM), or 55% more as compared 2005. The balance income made up 347,000 AZN (1.7bn AzM) with 36% growth.

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