TODAY.AZ / Business

Bask Standard's assets grow 13%

10 February 2007 [02:03] - TODAY.AZ
As at February 1, Bank Standard's assets amounted to AZN 285.1mln ($327.4), up AZN 32.5mln ($37.3mln) or 13% from January 1.

Bank's head office told APA that its assets have risen 2.8 times since the same period last year.

Bank's loan portfolio made AZN 143.5mln ($164.8mln), up threefold from the same period last year. The rise was 1% in January.

As of February 1, finances in accounts made AZN 140.1mln ($160.9mln), up 2.8 times from the same period last year. The rise was 2% in January, 2007.

The deposit portfolio amounted to AZNB 103.7mln ($119.1mln), with an increase of 5% in January, 213% year-over-year.

Bank's aggregate capital stood at AZN 23.8mln ($27.3mln), up 92% year-on-year or 5% in January. The bank's pre-tax profit reached AZN 1.1mln ($1.3mln) with a 3.74 times year-on-year rise.


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