Azerbaijani bank, whose deposits have grown to AZN 63 million

16:21 - 25 Yanvar 2023

January 25, Fineko/ Bank VTB (Azerbaijan) has published a report on financial indicators for the past year.

ABC.AZ reports that bank's loan portfolio at the end of December amounted to AZN 159.7 million, including the mortgage loan portfolio – AZN 39.2 million.

Bank's mortgage loan portfolio grew by 28.9% last year.

Bank VTB (Azerbaijan) gave more than 1,500 loans for business development, which is 10-fold more than in 2021. The total amount of the given business loans exceeds AZN 44.3 million.

Population’s bank deposits for 2022 increased by 18.4% up to AZN 63.8 million.

The bank's liquidity ratio at the end of 2022 was 98.6%, which is more than 3-fold higher than CBA minimum requirements.

The total capital of the bank in 2022 increased by 16.7% up to AZN 80.2 million, which is 60.4% higher than CBA minimum requirements.