YapiKredi Bank Azerbaijan ends first half of 2015 with loss

YapiKredi Bank Azerbaijan ends first half of 2015 with loss
# 01 October 2015 11:46 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. YapiKredi Bank Azerbaijan’s assets in the second quarter of 2015 amounted to AZN 363.499 mln, up 5.42% from previous year.

 

Bank says the loan portfolio rose 0.83% to AZN 248.765 mln, consumer lending dropped 3.77% to AZN 87.232 mln, car loans fell 1.88% to AZN 9.868 mln, mortgage loans raised 53.33% to AZN 12.098 mln, overdue credits grew 3.15 times to AZN 27.622 mln, and personal savings advanced 5.98% to AZN 46.669 mln.

 

Total capital shed 0.57% to AZN 62.877 mln, authorized capital remained unchanged at AZN 46,810,700.

 

Incomes surged 17.01% to AZN 27.140 mln, expenditures soared 23.70% to AZN 22.923 mln.

 

The bank ended the first half of 2015 with the loss of AZN 1,730.

 

Presently, the bank operates 15 branches, 26 ATMs and 3,001 POS-terminals across the country.

 

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