YapiKredi Bank Azerbaijan gets 26% rise in Q1 assets

YapiKredi Bank Azerbaijan gets 26% rise in Q1 assets
# 01 June 2015 14:09 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In the first quarter of 2015, YapiKredi Bank Azerbaijan’s assets stood at AZN 404.471 mln, up 26.12% from previous year.

Bank says the loan portfolio rose 14.59% to AZN 272.036 mln, consumption loans raised 6.78% to AZN 92.781 mln, car loans fell 44% to AZN 11.585 mln, overdue credits increased 4.5 times to AZN 33.415 mln.

Deposit portfolio surged 38.62% to AZN 174.410 mln, personal savings went up 33.6% to AZN 30.633 mln,

Total capital advanced 3.46% to AZN 69,890,000, authorized capital remained unchanged at AZN 46,810,700.

Incomes soared 22.5% to AZN 18.803 mln, expenditures climbed 57.15% to AZN 18,982,210.

Loss made AZN 179,100.

The bank operates 15 branches, 27 ATMs and 3,024 POS-terminals across the country.

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