OREANDA-NEWS. October 18, 2012.  One of the largest private credit institutions of Azerbaijan, PASHA Bank, has published the level of assets for Jan-Sept 2012.

The Bank reports that return on equity (RoE) of PASHA Bank for September declined from 21% to 20%, while return on assets (RoA) kept at 5% level. At that, Bank’s assets in September rose from AZN 613.317 million up to AZN 628.36 million and capital decreased from AZN 178.229 million to AZN 175.3 million with preservation of share capital at AZN 157 million.

PASHA Bank’s profit before taxation as of 1 October reached AZN 21.95 million (AZN 2.96 million in January, AZN 2.3 million in February, AZN 1.719 million in March, AZN 2.3 million in April, AZN 2.04 million in May, AZN 2.598 million in June, AZN 2.947 million in July, AZN 16.915 million in August, and AZN 2.247 million in September) against AZN 19.329 million for 2011, and net income AZN 8.987 million (AZN 2.55 million, AZN 1.505 million, AZN 508,000, AZN 928,000, AZN 1.259 million, AZN 949,000, AZN 3.179 million,  AZN 2.3 million and loss of AZN 2.95 million in September respectively) against AZN 11.7 million.