YapiKredi Bank Azerbaijan gets 74% rise in profit
Bank says deposit portfolio dropped 18% to AZN 14.535 mln, including population’s deposit rose 52% to AZN 1.210 mln, loan portfolio soared by 2.4 times to AZN 69.692 mln, consumer lending increased by 64% to AZN 5.281 mln. Total capital advanced 20.3% to AZN 51.993 mln, authorized capital surged 16.2% to AZN 31.611 mln.
Income climbed 37% to AZN 18.940 mln, expenditure gained 27% to AZN 11.016 mln. Profit grew 74% to AZN 7.924 mln, net profit soared 75.2% to AZN 7.711 mln.
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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