Atabank finishes first quarter with a profit of 11.6 million manats

Atabank finishes first quarter with a profit of 11.6 million manats The share of loan portfolio was 84%, or 520 million manats of bank assets
Finance
April 29, 2015 18:06
Atabank finishes first quarter with a profit of 11.6 million manats

Baku. 29 April. REPORT.AZ/ Atabank JSC finishes first quarter with a profit of 11.6 million manats. During this period, the bank's income amounted to 25.3 million manats, expenses - 13.6 million manats.

Report informs referring to the bank, as of April 1 this year, the bank's assets exceeded 615.6 million manats.

The share of loan portfolio was 84%, or 519,8 million manats of bank assets. In the structure of assetscash totaled 3.55%, or 21.8 million manats.

According to the report, as of April 1, 2015 the deposit portfolio amounted to 523.9 million manats, of which 467.0 mln manats - term deposits 56,9 mln manats - demand deposits.The total volume of household deposits exceeded 187,0 mln manats.

As of April 1 this year, the total capital of the bank amounted to 70.9 million manats, the authorized capital - 50.0 mln manats.

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