VTB (Azerbaijan) ends 1st half of 2024 with profit

15:55 - 15.07.2024


July 15, Fineko/abc.az. As of July 1, 2024, the net profit of Bank VTB (Azerbaijan) amounted to 4.72 million manats, and its assets - 289.5 million manats.

ABC.AZ reports with reference to the bank that VTB's loan portfolio increased by 14% versus 1st half of 2023, and the deposit portfolio by 23%.

VTB's interest income (Azerbaijan) grew by 12% and non-interest income 2-fold.

Bank’s total capital reached 96.066 million manats by June 30 (a rise of 5.5%), and exceeded the minimum requirements of the Central Bank of Azerbaijan by 92%.