DEAL ON “UNIBANK” SHARES SALE CLOSED
This deal is the result of agreement of EBRD’s joining the board of shareholders. Thus, “Unibank” became the first commercial bank with the share of such a big international financial organization. “Unibank” was set up as the result of merge of “Promtekhbank” and “Mbank” in October last year.
Its assets for 1 October came to 98,3 billion manat, which is by 33 percent more than that of the second quarter. The volume of deposits totaled 19,1 billion manat and 12,3 billion or 64 percent of which fell to the share of natural persons while 6,8 billion manat or 36 percent – juridical persons. Credit portfolio increased for 3rd quarter by 28 percent to 67 billion manat.
Bank’s incomes totaled 11,3 billion manat whereby increased by 65 percent than the same period last year and late second quarter. Expenses made up 8,6 billion manat. The end of third quarter yielded 2,7 billion manat in profits. The quarter growth came to 93 percent.
EBRD is expected to provide technical and management support.
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