AtaBank Assets Grew by 23,7%
OREANDA-NEWS. April 23, 2013. The results of OJSC AtaBank’s financial activity for the end of March 2013 were successful. Thus in comparison with indices on the March 2012, AtaBank’s assets grew by 31.1% or 70.6 mln. manat up to 297.8 mln. manat.
Forming the main part of assets, the credit portfolio also grew much. An increase made up 28.9%% or 44.7 mln. manat up to 199.2 mln .manat. Within the reporting period was noted the essential increase of the term deposit portfolio. The increase has made or 62.4 mln. manat and the size of deposit portfolio come to 252.3 mln. manat. Also it's important to note, that the size of deposit portfolio was 190, 5 mln. manat on the end of March 2012.
Thus in comparison with March 2012 the authorized capital has increased up to 11.9% or 2.9 mln. manat and has made 27.9 mln. manat. On the end of March Bank’s net profit made up 1.03 mln manat.
AtaBank” successfully functioning since 1993 is one of the largest commercial banks of Azerbaijan. “AtaBank” OJSC has opened 24 branches, 12 of them located in Baku, and 12 of them in Gandja, Sumgayit, Khachmaz, Evlakh, Mingechevir, Shamkir, Geychay, Shirvan, Naftalan and Lenkoran.
The persons, who would like to get the detailed information about AtaBank’s services and products could visit www.atabank.com or a bank page in a social network- www.facebook.com/atabank.
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