Baku, Finance Time. The financial results of AtaBank OJSC for the end of September 2014 were successful.  Thus in comparison with indices of the end of 2013, AtaBank’s assets grew by 22,3% or 83,8 mln. manatsup to 458,7 mln. manats.       

The credit portfolio that forms the main part of assets, also grew much. An increase made up 39,1% or 94,4 mln. manats up to  336,1 mln .manats.

Within the reporting period was noted the increase of the term deposit portfolio. The increase has made 31,6% or 77 mln. manats and the size of deposit portfolio come to 321,1 mln. manats. Also it's important to note, that the size of deposit portfolio was 244.1 mln. manats on the end 2013.

Thus in comparison with the end of 2013 the authorized capital has increased up to 18.7% or 7.0 mln. manats and has made 44.5 mln. manats.

This year AtaBank OJSC, always supporting the development of the national economy,  has selected a priority to finance the real sector. As a result of that the amount of credits to legal entities for the end of  September 2014 is 199,1 mln manats. It should be mentioned that weight of credits to legal entities in total credit portfolio is 59,2%. Thus in comparison with the end of 2013 the increase was 29,0%.

It should be noted that AtaBank OJSC successfully functioning since 1993, is one of the largest commercial banks of Azerbaijan.AtaBank OJSC has 25 branches all around the Azerbaijan. 12 of them located in Baku, and 13 of them in Gandja, Sumgayit, Khachmaz, Evlakh, Mingechevir, Shamkir, Goychay, Shirvan, Naftalan and Lenkoran.

For more information please visit our website  www.atabank.com or official facebook page www.facebook.com/atabank