17:21 - 15.01.2025
AccessBank, a leader in micro, small, and medium business lending, has announced its financial results for the year 2024.
For more details, please visit: https://bit.ly/423QT61
AccessBank generated 54.1 million manats of net income in 2024, compared to 39.8 million manats in 2023. As a result, capital position was strengthened, and total regulatory increased by 29.0%, or 41.5 million manats, and accounted to 185.0 million manats, which is 3.7 times higher than the regulatory minimum.
Key drivers of the growth were expansion of the loan portfolio, particularly in business lending, increased depositor trust in the bank, and borrowings from international financial institutions. Below are the financial highlights for the past year:
AccessBank, a pioneer in the microfinancing market, has been providing services to small and medium-sized enterprises since 2002. The Bank's shareholders include the Asian Development Bank, the European Investment Bank, the International Finance Corporation, and other international organizations and investment funds. With 35 branch offices, including 14 in Baku and 21 in regions, AccessBank continues to offer accessible financing options for MSMEs. For more detailed information on the branh offices, please follow: http://bit.ly/accessbank-filiallar
For more information on the services provided by AccessBank, call 151 or visit the website at www.accessbank.az. You can also follow the bank's social media accounts on Facebook, Instagram, LinkedIn.
*AccessBank CJSC operates under license No. 245 dated 25 October 2002, issued by the Central Bank of the Republic of Azerbaijan. The bank's Head Office is located at 3 Tbilisi avenue, Yasamal district, Baku city.
18 February 2025
18 February 2025
18 February 2025
18 February 2025
18 February 2025
18 February 2025
18 February 2025
18 February 2025
18 February 2025
17 February 2025
17 February 2025
17 February 2025
17 February 2025
17 February 2025
17 February 2025
17 February 2025
17 February 2025
17 February 2025