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PASHA Bank assets swept up to historic peak and reached AZN 626.3 million by July
Baku, Fineko/abc.az. One of the largest private credit institutions of Azerbaijan, PASHA Bank, has published the level of assets for Jan-Jun 2012. The Bank reports that return on equity (RoE) of PASHA Bank for June rose from 20.75% up to 21%, while return on assets (RoA) from 4% up to 5%. At that, Bank’s assets in June grew from AZN 613.6 million up to AZN 626.377 million and capital from AZN 151.16 up to AZN 172.228 million with a rise of share capital from AZN 136.869 million up to AZN 157 million. PASHA Banks profit before taxation as of 1 July reached AZN 13.968 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, and AZN 2.598 million in June) against AZN 19.329 million by early 2012, and net income AZN 6.448 million (AZN 2.55 million, AZN 1.505 million, AZN 508,000, AZN 928,000, AZN 1.259 million, AZN 949,000 respectively) against AZN 11.7 million. Tags: PASHA Bank Related news
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