OREANDA-NEWS. October 23, 2012. The results of OJSC AtaBank’s financial activity for the end of September  2012 were successful, reported the press-centre of AtaBank.

The Bank informs that over three quarters of 2012, compared to the 2011 same term, AtaBank’s assets grew by 10.9%  or AZN 25.1 million up to AZN 256.1 million that is linked much with an increase in the loan portfolio, making the main part of assets.

An increase made up 27.2% or AZN 39.8 million, and in 2012 the loan portfolio grew from AZN 146.7 million up to AZN 186.5 million. “AtaBank” OJSC  also reports of the increase in the profitability of operations. In September, Bank’s net profit amounted to AZN 4.4 million that compared to the  same term of the last year, is by 98.3% or AZN 2.2 million more.

The Bank links success with proper management, conformity to plan and transparent business practices.  At present, the various regions of the country are numbering 24 branches and sub-branches of the Bank. 12 of them are located in the regions and the rest in the capital. At that, the Bank has installed 69  automatic teller machines.