Bank Of Baku

YapiKredi Bank Azerbaijan gets rise in loan portfolio

YapiKredi Bank Azerbaijan gets rise in loan portfolio
# 15 August 2011 13:22 (UTC +04:00)
Baku. Nijat Mustafaayve – APA-Economics. As of Julyt 1, 2011, YapiKredi Bank Azerbaijan’s assets stood at AZN 165.605 mln, down 3.3% from year earlier.

Bank says the loan portfolio rose 52.4% to AZN 86.641 mln, deposit portfolio dropped 9.8% to AZN 63.183 mln.

Bank’s total capital soared 11.8% to AZN 52.884 mln as well authorized capital surged 20.6% to AZN 38.110 mln.

Besides, the income made AZN 8.544 mln, expenditure – AZN 5.407 mln, profit 3.137 mln.

Remind that, YapiKredi Bank Azerbaijan has been in operation since 2000. The bank operates 7 branches, 17 ATMs and 85 POS-terminals across the country.
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