In 2017, “Yapı Kredi Bank Azerbaijan” made a profit of more than 10 million manat


"Yapı Kredi Bank Azerbaijan", which is a member of a banking group operating in 17 countries, released its financial results for 2017. The results showed that the bank completed 2017 fairly well. In 2017, the bank's net profit was 10.1 million manat, and its total capital increased to 64 million manat.

In the economy of Azerbaijan, "Yapı Kredi Bank Azerbaijan" applies the same management model, which is also used in Europe, and for this reason, every year the bank gains greater confidence of its clients. Thus, the number of bank depositors increased by 17% in 2017. The highly liquid assets of the bank have increased by 18% in 2017 compared to the end of 2016 and reached 298.1 million manat.

In regards to the work done in 2017, the Chairman of the Board, Mr. Cenk Yuksel  stated: "For our bank, 2017 was a year full of opportunities. We’ve done our best to increase the number of clients and to provide an individual approach to each client. We have presented new products and prepared various campaigns. And that, in turn, have led to a significant increase in the number of our clients. And in 2018 we are also determined to make a new progress in our developing economy. "

It is worth noting that "Yapı Kredi Bank Azerbaijan" is a member of a banking group operating in 17 countries. The major shareholders of the bank are UniCredit (Italy) and Koç Holding (Turkey). "Yapı Kredi Bank Azerbaijan" has branches in Baku and Sumgayit, 24/7 Call Center and provides Internet/Mobile banking service. Applying the international standards of the banking sector, "Yapı Kredi Bank Azerbaijan" successfully operates in Azerbaijan.

Keywords: Yapı Kredi Bank