Bank BTB finished 2019 with net profit of AZN 7.5 million

12:34 - 27.01.2020


January 27, Fineko/abc.az. Bank BTB completed the past year with net profit of AZN 7.523 million.

ABC.AZ informs with reference to the Bank's report that this indicator is 9.7-fold (or AZN 6.819 million) more against 2018.

According to the indicators of 2019, Bank BTB's assets amounted to AZN 341.542 million (by 9% more versus 2018).

At the end of 2019 Bank BTB increased its loan portfolio by 14%, bringing it up to AZN 212.934 million and achieved serious growth dynamics in lending.

In 2019 Bank BTB's client portfolio grew by 5% due to the involvement of individuals, 26% due to legal entities, 31% due to the sale of plastic cards and 20% due to non-cash banking operations.

By Elmir Murad

 

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