17:04 - 27.10.2022

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October 27, Fineko/abc.az. Bank VTB Azerbaijan has published a financial report on the results of Q3 of this year.

ABC.AZ informs that bank's operating income for Jan-Sept amounted to AZN 29.5 million, including interest income of AZN 18.6 million and interest-free income of AZN 10.9 million. Compared with Jan-Sept 2021, interest income grew by 52.6% and non–interest income by 2 times. Bank VTB Azerbaijan completed the reporting period with net profit of AZN 9.6 million (2.4-fold more versus Jan-Sept 2021).

Bank's loan portfolio at the end of September reached AZN 156.1 million, the deposit portfolio AZN 76.9 million. Deposits of individuals increased by 13.3% since the beginning of this year. The total capital of the bank has grown by 13.2% since early 2022 up to AZN 77.8 million.