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Ziraat Bank Azerbaycan reduces total assets - FINANCIAL INDICATORS

09.10.2019,17:54


October 9, Fineko/abc.az. As of 30 September 2019 the loans given to customers by Ziraat Bank Azerbaycan totaled AZN 130.59 million against AZN 105.49 by end of 2018. Thus, for Jan-Sept 2019 Bank's loan portfolio grew by AZN 25.105 million or by 23.8%.

ABC.AZ informs that the data is stated in Bank’s financial indicators for the period for Jan-Sept 2019.

According to the report, for 9 months Bank's assets decreased slightly from AZN 227.918 million to AZN 227.8 million. The decrease is linked with fall of the correspondent account at the Central Bank and nostro accounts (correspondent accounts in other banks). On 30 September 2019 the total capital of Ziraat Bank Azerbaycan amounted to AZN 67.535 million.

The shareholders of Ziraat Bank Azerbaycan are: T. C. Ziraat Bankası A. Ş-ti, (99.98%), Ziraat Sigorta Anonim Ş-ti (0.01%) and Ziraat Yatırım Menkul Değerler Anonim Ş-ti.

By Elmir Murad