AtaBank ends Q3 on profit

AtaBank ends Q3 on profit
# 03 November 2016 12:44 (UTC +04:00)

Baku – APA-Economics. AtaBank’s assets in the third quarter stood at AZN 474.408 million, down 2.54% from the second quarter.

Bank says the loan portfolio dropped 0.1% to AZN 410.650 million, consumption loans amounted to AZN 70,402,000, mortgage portfolio – to AZN 21,685,000.

Deposit portfolio surged 42.04% to AZN 381.648 million, personal savings declined 4.2% to AZN 209.486 million.

Total capital soared 7.64% to AZN 69.972 million, while authorized capital remained unchanged at AZN 50 million.

Revenues ascended 59.77% to AZN 51.309 million, expenditures grew 52.20% to AZN 36.248 million, profit amounted to AZN 15,061,000

For the present, the bank operates 22 branches, 79 ATMs and 18,711 POS-terminals across the country.

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THE OPERATION IS BEING PERFORMED