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15:16 19 February
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Azer-Turk Bank ends 2017 on profit


As of January 1, 2018, Azer-Turk Bank’s assets stood at AZN 336,764,000.

 

Bank says the loan portfolio made up AZN 119,838,000, revenues AZN 96,569,000, expenditures AZN 95,425,000, profit AZN 1,143,000.

 

Total capital stood at AZN 53,186,000, authorized capital at AZN 50 million.

 

Deposit portfolio made up AZN 180 million, of which AZN 75.7 million was personal savings.

 

The bank currently has more than 38 active plastic cards, up 37% from previous year.

 

Number of customers increased 53% to 24,560 people.

 

Azer-Turk Bank has been in operation since 1995 and 75% of shares was owned by Azerbaijani state. 

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