TODAY.AZ / Business

AzerTurkBank's aggregate capital reaches AZN 8.35m

13 January 2007 [01:34] - TODAY.AZ
AzerTurkBank's aggregate capital has reached AZN 8.35m, including the authorized capital amounted to AZN 7m.

Bank's head office in Baku told APA that its assets grew by 26%, year-over-year,  to AZN 25.83%, credit portfolio grew by 64% to AZN 14.19, and deposit portfolio grew by 23% to AZN 17m, as of January 1, 2007.

Bank's incomes rose 44%, year-over-year, to AZN 3.9m, expenditures rose 41% to AZN 2.58m.

In 1995 AzerTurkBank was established by Turkish T.C.Ziraat Bankasi A.S. (46%), German Ziraat Bank International AG (4%), Azeri Agrarcredit (46%) and Turanbank (4%).

URL: http://www.today.az/news/business/34879.html

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