Bank Of Baku

YapiKredi Bank Azerbaijan sees 63% rise in profit

YapiKredi Bank Azerbaijan sees 63% rise in profit
# 25 October 2010 13:46 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, 2010, YapiKredi Bank Azerbaijan’s assets stood at AZN 171.224 mln, up 24% compared wity a year ago.

Bank says the deposit portfolio extended 73% to AZN 70.845 mln, population’s deposit rose 18% to AZN 14.169 mln. Loan portfolio rose by 2.3 times to AZN 64.728 mln, consumer lending soared 0.1% to AZN 4.334 mln. Total capital increased by 17.5% to AZN 49.899 mln, authorized capital by 16.2% to AZN 31.611 mln.

Income surged 41% to AZN 14.573 mln, expenditure climbed 27.5% to AZN 8.234 mln. Profit made AZN 6.339 mln.

Staffs increased by 21% to 138, average monthly salary by 26% to AZN 1 819.

YapiKredi Bank Azerbaijan has been in operation since 2000, The bank operates 5 branches, 17 ATMs and 80 POS-terminals across the country.
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