OREANDA-NEWS. December 15, 2007. The general meeting of “AtaBank” OJSC was held. Were sum up results for 10 months of 2007, reported the press-centre of AtaBank.

As of late October, the amount of AtaBank’s net assets grew by 40,5% or AZN 25,360.9 and made AZN 88,032.8.

The growth made approx 74% or AZN 37,468 compared to the respective 2006 level. Over 10 months the credit portfolio grew by 37% or AZN 15,351.0 and made AZN 57,345.5.

In comparison with late October 2006, the credit portfolio went up by 63% or AZN 22,202.1. As of late October 2007, bank’s aggregate fixed deposit portfolio grew by 53% or AZN 20,224.1 and made AZN 58,205.85.

The growth made 78% or AZN 25,474 compared to the respective 2006 level. Over the year the amount of individuals’ deposits grew by 66% and made AZN 35,094.6.

In 2007 the bank’s balance sheet profit also increased. So, in comparison with the beginning of the year the growth amounted to 355% or AZN 2,103.3. As of late October, the balance sheet profit made AZN 2,695.9 vs. the respective 2006 level and grew more than 10 times.

Keeping on introducing new products and services to the market AtaBank introduced new card products with the help of the “retail” program.