Today.Az » Business » 44% increase of Bank Standard assets in January-May
13 June 2006 [08:26] - Today.Az
Assets of CJSC Bank Standard reached AZN142 855 (USD158 816) increasing by 9% in May this year. It is 44% more than the similar figure for end 2005.
As APA reports, the size of credits for clients was AZN72 266 on May 31, that is 20,8% more than the figure for late April. There was 46% increase in the volume of credits for legal entities and natural persons in comparison to end 2005 figures. Deposits in the Bank reached AZN69 887, 10% increase in comparison to early May, in early June. This indicator is 53% more than early January results. The size of deposits attracted made AZN121 645 on June 1, increasing by 9% during May. Deposit portfolio of the Bank extended by 40% more than the similar figure in early January. Consequently, CJSC Bank Standard had AZN1 342 or $1 492 profits before taxes in an early June.
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