OREANDA-NEWS. December 24, 2012. The assets of “Muganbank” OJSC have amounted to 277 527, 77 thousand AZN as of December 1, 2012. It’s 3.15 % more in comparison with the figures of October of the current year. The bank’s total capital has amounted to 38241, 53 thousand AZN.

Besides, the deposits from the population have come up to 80101, 57 thousand AZN. The loan portfolio of the bank has increased by 3.37 % in comparison with the indicators of October and totaled 211 562, 63 thousand AZN.

“Muganbank” OJSC’s income after taxes for the respective period have increased. Thus, the bank’s interest income have been brought up to 24850, 96 thousand AZN and non-interest income to 11485, 23 thousand AZN.

The liquidity ratio of “Muganbank” OJSC for the respective period is equal to 55.30 %.

“Muganbank” OJSC, one of the well-known participants of Azerbaijani financial-banking sector has been functioning since 1992.The bank’s 30 branches and 4 sub-branches across the Republic effectively serve customers with all types of banking products. “Muganbank” OJSC is actively cooperating with international financial institutions such as United States Agency for International Development (USAID), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), the US-based World Business Capital (WBS) Investment Fund and Overseas Private Investment Corporation (OPIC). “Muganbank” OJSC is continuing its high –level cooperation with the leading banks of Germany, Russia, Turkey, Latvia, Austria, Kazakhstan and Ukraine.