OREANDA-NEWS. March 03, 2010. The Bank of Baku OJSC has summarized results of this January’s activity.

The Bank reports that in accordance with data as of 1st February 2010, its assets totaled AZN 185.023 million.

“The bank’s loan portfolio over January made up AZN 140.739 million, including AZN 51.074 million of commercial loans and AZN 82.803 million of consumer loans. Deposit portfolio totaled AZN 136.175 million,” the Bank informed.

As of 1st February, Bank’s earnings approached to AZN 3.33 million and expenditures made AZN 2.33 million.

"Our balance profit reached AZN 623 million following January,” Bank of Baku informed.

By early February Bank’s Return on Assets (ROA; net profit after taxes/average size of assets over the period) made up 4.01%, while Return on Equity (ROE; net profit after taxes/ average size of overall capital over the period) – 20.27%.

This January Bank’s capital was at the level of AZN 33.47 million and equity capital AZN 6.8 million.