16.06.2008, 10:52
AG Bank’s Capitalization Grows by 50,8%
OREANDA-NEWS. June 16, 2008. AG Bank's assets grew by 18.7% to AZN 189.35 million in I-V, 2008. The loan portfolio grew by AZN 31.57 million (28.9%) to AZN 141.02 million. The bank's liabilities totaled AZN 157.2 million. The deposit portfolio grew by 0.2% to AZN 95.55 million and the timed deposits decreased by 0.2% to AZN 62.03 million. The balance capital grew to AZN 32.15 million. The aggregate capital grew by 50.8% and exceeded AZN 28.54 million on June 1, and the paid-up authorized capital grew by 25% to AZN 15 million. AG Bank's incomes and expenses were AZN 13.68 million and AZN 9.78 million respectively. The net profit after taxes was AZN 2.04 million.
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