BBAC registered net profits of $41.8 million in 2012, up by 8.5 percent from 2011.

Net interest income grew by 25.7 percent to $84 million. Net fees and commissions income reached $17 million.

BBAC’s assets totaled $4.9 billion at end-2012, up by 13.3 percent year-on-year. Loans to customers remained almost unchanged at $1.2 billion. BBAC raised its loans loss reserves and decreased its gross doubtful-loans- to- total-loans ratio to 4.5 percent, compared to five percent at end-2011.

Customers’ deposits at end-2012 totaled $4.3 billion, up by 13 percent. Shareholders’ equity grew by 19 percent to $381 million.