13:02 - 25.07.2022

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July 25, Fineko/abc.az. The total assets of ABB exceeded AZN 12 bn in the 1st half of 2022.

ABC.AZ reports with reference to ABB’s report, compared with the end of last year, Bank's total assets increased by AZN 599.97 million, or 5.2% amounting to AZN 12.8 bn as of 30 June 2022.

ABB's loan portfolio (loans given to customers) over Jan-Jun 2022 increased by AZN 740 million, or 27% (for Jan-Jun 2021 – by AZN 341.39 million, or 11%) – up to AZN 3.44 bn, including business loans increased by AZN 414.212 million up to AZN 1.77 bn.

In the 1st half of this year, ABB gave business loans in the amount of AZN 760 million, including in the 2nd quarter alone in the amount of AZN 460 million.

At the same time, over the past period of this year, investments in securities increased by AZN 42.45 million, or by 3.1% and amounted to AZN 1.405 bn.