Bank Of Baku

YapiKredi Bank Azerbaijan ends Q1 on profit

YapiKredi Bank Azerbaijan ends Q1 on profit
# 06 May 2016 10:37 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. Yapi Kredi Bank Azerbaijan’s profit in the first quarter of 2016 amounted to AZN 1.6 mln.

 

Bank says the assets increased 12% to AZN 419.2 mln, net operating profit and non-interest incomes rose 75%.

 

Loans given to real economic sector makes 67% of total loan portfolio.

 

The bank has invested over AZN 35 mln in Azerbaijan so far.

 

 

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