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YapiKredi Bank Azerbaijan increases assets over 10%

28 January 2015 13:35 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. As of January 1, 2015, YapiKredi Bank Azerbaijan’s assets stood at AZN 352.443 mln, up 12.34% from previous year.

Bank says the loan portfolio rose 21.81% to AZN 267.467 mln, consumer lending raised 15.03% to AZN 98.967 mln, automobile loans fell 41.49% to AZN 13.914 mln.

Mortgage loans grew 72.3% to AZN 10.918 mln, overdue credits increased 2.43 times to AZN 12.081 mln, deposit portfolio went up 7.53% to AZN 131.590 mln, personal savings advanced 42.76 times to AZN 31.192 mln.

Total capital extended 3.77% to AZN 62.884 mln, authorized capital remained unchanged at AZN 46,811,000.

Incomes surged 28.90% to AZN 48.691 mln, expenditures soared 26.06% to AZN 39.907 mln.

Profit made AZN 4,666,690.

The bank operates 16 branches, 27 ATMs and 2,994 POS-terminals across the country.