16:19 - 26.07.2019

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July 26, Fineko/abc.az. Azer-Turk Bank has presented the financial statements for the first half of 2019.

The Bank’s report says that as of 30 June 2019 its assets reached only AZN 336.9 million (for comparison: on 30 June 2018 Bank's total assets amounted to AZN 313.7 million).

Compared with the 1st half of 2018, in the 1st half of 2019 the loans to customers grew by AZN 25.79 million or 19.4% up to AZN 159.1 million on 30 June 2019.

Other banks’ debts to Azer-Turk Bank increased almost by AZN 34 million or 56% up to AZN 94.856 million. It should be noted that banks also receive income by placing deposits in other banks. Azer-Turk Bank has increased investments in securities.