Azeri Gaz Bank prospers with its assets reaching mark of 68,9 billions AZM

The credit portfolio of the bank increased on 52.8 billions manats and reached the mark of 159.4 billions manats. The total capital of the Azer Gaz Bank makes up 34.8 billions manats. The paid amount of the statutory fund comprised 29 billions manats. The nett profit of AGB made up 5.6 billions manats after taxes being excluded.

By October 1 the customer base also increased, total number of accounts reached to 21,359. A total of 2,210 falls to legal entities, 19,149 - physical entities. The number of credit plastic card made up 10,380. A total of 4,186 are Visa, 6,194 -MasterCard .The growth of plastic cards comprised 1,235.

It has some credit lines from such international finance institutes as the International Finance Corp, the European Reconstruction and Development Bank (EBRD) and the German-Azerbaijani Fund. The EBRD increased credit lines on trade financing by $2 millions, small and medium entrepreneurship - $3.5 millions. The funds will be allotted for 3 years.

AGBank finances 800 projects of small and medium entrepreneurship. The bank also has opened two branches such as Caspian Plaza and Shamaki branch.

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