Unibank unveils its financial results for Jan-Sept


October 31, Fineko/abc.az. Unibank has published its financial performance for the first 9 months of 2019.

ABC.AZ reports that as of 30 September 2019 Bank's profit amounted to AZN 66.8 million. For Jan-Sept of the year Unibank's operating income reached AZN 46 million.

Since early 2019 Bank's assets have grown by AZN 93 million (13%). Total assets of Unibank amounted to AZN 789 million. Also, for the first 9 months Bank’s total capital increased up to AZN 82.3 million.

During the reporting period the Bank observed an increase in lending, in the development of non-credit products and in digital banking. Over the first 9 months of the current year its total loan portfolio grew by AZN 25 million (5%) up to AZN 492.9 million. There was also a rise in lending to the real sector.

Growth was recorded both in the financing of small and medium-sized businesses and microcrediting.