Azerbaijan`s current bank with growing total balance sheet capital

11:43 - 28.04.2020


April 28, Fineko/abc.az. Yapi Kredi Bank Azerbaijan has released the financial indicators for the 1st quarter of 2020.

ABC.AZ informs that according to Bank's report, its total balance sheet capital increased compared with Q1 of 2019. Thus, Bank's total balance sheet capital grew up to AZN 80.39 million over the past period, and the target reserves created for possible losses at the reporting date in order to strengthen the policy of rehabilitation on loans amounted to AZN 44 million.

In general, Bank's deposit portfolio totaled AZN 263 million. The volume of required deposits of individuals and legal entities increased by AZN 12 million against the same term of 2019.

 

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