44% increase of Bank Standard assets in January-May

As APA reports, the size of credits for clients was AZN72 266 on May 31, that is 20,8% more than the figure for late April. There was 46% increase in the volume of credits for legal entities and natural persons in comparison to end 2005 figures.

Deposits in the Bank reached AZN69 887, 10% increase in comparison to early May, in early June. This indicator is 53% more than early January results. The size of deposits attracted made AZN121 645 on June 1, increasing by 9% during May. Deposit portfolio of the Bank extended by 40% more than the similar figure in early January.

Consequently, CJSC Bank Standard had AZN1 342 or $1 492 profits before taxes in an early June.