Today.Az » Business » Mughan Bank's assets grew 87%
08 February 2007 [10:30] - Today.Az
As of January 1, Mughan Bank's assets made AZN 39,831,000, up 87% from the previous year, and net profit doubled to AZN 1,020,000.
Bank's Head Office told APA that its deposit portfolio rose 65%, year-on-year, to AZN 16,322,000, loan portfolio grew 71% to AZN 23,934,000. At January 1, bank's aggregate capital went up 69% to AZN 10,613,000 including the authorized capital reaching 7,800,000. Mughan Bank was established in 1992.
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