OREANDA-NEWS. December 21, 2009. The Bank of Baku OJSC summed up the activity over January-November 2009.

The bank reports that in accordance with summarizing data on 1st December, 2009, its assets totaled AZN 188.664 million.

“The bank’s loan portfolio over the reporting date made up AZN 135.589 million, in particular AZN 50.657 million of commercial loans and AZN 83.108 million of consumer loans. During the year deposit portfolio has risen up to AZN 138.842 million,” the bank informed.

By 1st December, the bank’s revenues approached to AZN 34.83 million and expenditures made AZN 24.964 million.

"Our balance profit reached AZN 7.693 million over reporting date,” the bank informed.

By beginning of December  the bank’s  Return on Assets (ROA; net profit after taxes/average size of assets over the period) made 4.51%, while Return on Equity (ROE; net profit after taxes/ average size of overall capital over the period) – 24.07%.

Bank’s capital over the reporting date increased to AZN 64.576 million and charter capital – to AZN 6.8 million.