Bank Of Baku

YapiKredi Bank Azerbaijan gets 16% rise in assets

YapiKredi Bank Azerbaijan gets 16% rise in assets
# 08 February 2012 12:40 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of January 1, 2012, Yapi Kredi Bank’s assets stood at AZN 238.921 mln, up 16% from previous year.

Bank says loan portfolio rose 79% to AZN 124.648 mln, deposit portfolio extended 62% to AZN 104.472 mln, total capital soared 10% to AZN 57.259 mln as well authorized capital increased by 21% to AZN 38.110 mln.

Number of clients decreased by 14% to AZN 31.293, as well individuals dropped 12% to 29.339, legal entities slipped 36% to 1,954.

At the same time, number of plastic cards rose 41% to 6,837, including debit cards soared 55% to 4,594, credit cards increased by 18% to 2,243. Number of staffs gained 25% to settle at 175, average monthly salary rose 4.4% to 1,808.

Remind that, Yapi Kredi Bank Azerbaijan has been in operation since 2000. The bank operates 7 branches, 19 ATMs and 151 POS-terminals.
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