Azer-Turk Bank's assets grew by 8% for 2nd quarter

17:47 - 30.07.2018


July 30, Fineko/abc.az. Assets of Azer-Turk Bank increased by 8% compared to the 1st quarter of 2018 and as of 30 June 2018 amounted to AZN 313.7 million.

Azer-Turk Bank reports that the loan portfolio increased by 14% and amounted to AZN 133.2 million as of June 30, 2018.

Bank’s net profit amounted to AZN 352,700 in the 1st half of 2018.

As of June 30, 2018 the Bank's capital is equal to AZN 53.3 million and equity capital AZN 50 million.

Azer-Turk Bank reports that its deposit portfolio is AZN 159 million, including retail deposits, that increased by 2.7%, reached AZN 79.3 million.

For the past quarter the number of Bank’s customers increased by 24% up to 35,660.

Azer-Turk Bank has been operating since 1995 and is among Top 15 of leader banks in the country. The Azerbaijani state owns 75% of the shares in Azer-Turk Bank.

 

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