YapiKredi Bank Azerbaijan is expected to increase finance indexation

YapiKredi Bank Azerbaijan is expected to increase finance indexation
# 21 May 2010 14:00 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of January 1, 2011, YapiKredi Bank Azerbaijan is expected to increase its assets by 57% to AZN 240 mln, during 2010, bank told APA.

According to him, other finance indexations are expected to rise during this period. Bank’s loan portfolio will rise by 2.7 time to AZN 80 mln, deposit portfolio will grow by 4 times to AZN 70 mln.

Total revenue will be AZN 22 mln, profit will make AZN 10 mln.

YapiKredi Bank Azerbaijan has been in operation since 2000. The bank operates 5 branches, 17 ATMs and 70 POS-terminals across the country.
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