TODAY.AZ / Business

Kapital Bank net profit to reach $3.64

17 February 2007 [22:52] - TODAY.AZ
Kapital Bank foresees to have a net profit of AZN 3.2mln in 2007.

The Bank predicts revenues of AZN 29mln and expenditures of AZN 26mln, APA reports.

As of January 1, Kapital Bank assets grew 50.78% to AZN 148.879mln, loan portfolio rose 36.08% to AZN 60,759mln, liabilities jumped 58.92% to AZN 123.094mln, deposit portfolio climbed 52.57% to AZN 105,224mln, of which  AZN 25,401mln was term deposits (+25.29%) and AZN 79.823mln was call deposits (+63.93%).

The Bank's aggregate capital grew 15.88% to AZN 19.908mln, including authorized capital of AZN 12mln (+9.1%).

The Bank's revenues made AZN 24.318 (+25.31%) and expenditures reached AZN 21.216mln (46.83%0. Kapital Bank’s net profit increased 5.65% to AZN 2.504mln.


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