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AFB Bank`s loan portfolio rises by 12%

24.07.2019,13:01


July 24, Fineko/abc.az. According to AFB Bank’s financial statements for the 1st half of 2019, Bank’s assets reached AZN 423.7 million.

The amount of loans the Bank gave to customers amounted to AZN 251.2 million (12% more versus the 2018 same term).

AFB Bank’s total capital during the reported term grew by 10% up to AZN 75.6 million.

To achieve the set goals, the AFB Bank’s strategy provides for a further increase in the Bank's capital.

AFB Bank started its activity in February 2009 and is currently numbering 11 branches and 5 sub-branches. The Bank offers various banking services to both legal entities and individuals.