Web Desk February 15, 2021

 

The assets of VTB Bank (Azerbaijan) in the fourth quarter of 2020 amounted to 187 million 341 thousand manats. Compared to the same period in 2019, the bank’s assets increased by 29 million 982 thousand manats or 19%. During the reporting period, the bank’s loan portfolio decreased by 112 million 345 thousand manats or 47.1%, amounting to 125 million 869 thousand manats. The bank’s liabilities increased by 26 million 350 thousand manats or 27.1%, amounting to 123 million 417 thousand manats. The volume of deposits in the bank for the specified time increased by 16 million 341 thousand manats or 27.7%, amounting to 75 million 305 thousand manats. Individual deposits amounted to 39 million 192 thousand manats (an increase of 4 million 113 thousand manats or 11.7%), deposits of legal entities amounted to 36 million 112 thousand manats (an increase of 12 million 227 thousand manats or 51.1%). The bank’s capital increased by 3 million 632 thousand manats or 6%, amounting to 63 million 924 thousand manats.

 

Source: Turan News Agency

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