YapiKredi Bank Azerbaijan sees 35% income growth

YapiKredi Bank Azerbaijan sees 35% income growth
# 21 July 2014 10:57 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. YapiKredi Bank Azerbaijan’s assets made AZN 344.808 mln in the second quarter of 2014, up 31.86% from previous year.

Bank says the loan portfolio rose 42.34% to AZN 246.708 mln, as well as consumption loans stood at AZN 90.649 mln, up 32.57% from a year earlier. Car loans went up 2.6% to AZN 18.594 mln. Overdue credits increased by 2.43 times to AZN 8.768 mln.

Deposit portfolio surged 35.88% to AZN 258.422 mln, personal savings made AZN 44.037 mln, up 38.69% by contrast to a year ago.

Total capital increased by 3.37% to AZN 63,236,000 while authorized capital remained unchanged at AZN 46,810,700.

Incomes grew 35.09% to AZN 23.194 mln, expenditures advanced 25.08% to AZN 18,531 mln.

Profit made AZN 3,516,054.

The bank operates 13 branches, 26 ATMs and 2,304 POS-terminals across the country.

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