AtaBank OJSC Summarized the Two Month Indices of 2008 Year
OREANDA-NEWS. March 11, 2008. In comparison with financial indicators on the corresponding period of the last year, the increase of net assets of the bank has made 87% and come to 115,932.50 thousand manat. Also it’s important to note, that the increase of net assets has made 53,856.8 thousand manat.
Within the reporting period, the credit portfolio has increased on 77% or 33,088.1 thousand manat and come to 76,167.0 thousand manat. On the end of February of 2007 year the size of credit portfolio was 43,078.8 thousand manat.
On the results of 2007 year the general deposit portfolio of the bank has increased for 88% or 45,723.0 thousand manat and has made 97,363.7 thousand manat. Within the given period was noted the increase of the term deposit portfolio on 76% or 30,130.3 thousand manat and come to 69,592.6 thousand manat. During last year the deposits of physical persons have increased up on 110% or 25,906.8 thousand manat and make 49,464.0 thousand manat.
The net profit of the bank has also increased. Thus in comparison with the corressponding period of the last year, the net profit has increased on 107 % and has made 782.1 thousand manat.
At the beginning of 2008 year “AtaBank” has opened the new “Nizami” branch. The new “Nizami” branch is situated at the following address: 17, R. Rustamov str., Baku, neat the Neftchilar metro station. Also for expansion the area of rendering the clients services, during the current year “AtaBank” has opened the new “Sahil” mini-branch in Ali-Bayramli city. Thus, the network of client services has reached 18. In 2008 year “AtaBank” plans to open two more branches, one of which will be located in the region of republic.
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