OREANDA-NEWS. January 27, 2010. Bank of Baku OJSC has summed up the results of activity in 2009.

The Bank reports that according to summary data as of 1st January 2010, its assets reached AZN 187.396 million.

“Our Bank’s loan portfolio by the reported date made up AZN 141.078 million, in particular AZN 51.245 million of commercial loans and AZN 82.834 million of consumer loans. During the year deposit portfolio has risen up to AZN 139.5 million,” it was informed.

By 1st January of the year, BoB’s revenues approached to AZN 38.08 million and expenditures made about AZN 29.309 million.

"Our net balance profit reached AZN 6.07 million following 2009,” the Bank informed.

By early December BoB Return on Assets (ROA; net profit after taxation/average size of assets for the period) reached 3.27%, while Return on Equity (ROE; net profit after taxation/ average size of overall capital for the period) 17.84%.

Bank’s capital for the reported term grew up to AZN 32.86 million with charter capital was at the level of AZN 6.8 million.