Azerbaijan, Baku / Trend corr I. Khalilova / Azerbaijan's state Kapital Bank is reviewing its business forecast for 2007, which will be reflected in the new strategic plan intended for 2007-09, the president of the bank, Rauf Rzayev, reported.
The bank's assets totalled AZN 200mln on 1 September, while only AZN 170mln was forecasted for the entire 2007.
At the beginning of 2007, assets comprised AZN 150mln, while on 1 January 2006 they came to AZN 96mln.
The credit portfolio makes up 42-43% of the assets. The deposit portfolio amounts to AZN 70mln, with 11mln attracted by summer campaigns. The bank has been developing new programs to attract deposits for the autumn season.
Incomes for 2007 are planned to comprise AZN 29.4mln, profit - AZN 5.1mln. The net profit of the bank made up AZN 5mln by 1 September this year. The aggregated capital reached AZN 40mln with the authorized capital making up AZN 12mln.