Ziraatbank Azerbaijan has published its financial indices over the first half of 2022.

Over 6 months the bank earned profits worth AZN 3.8 million. This is up by 2 times from the same period of the last year.

in the reviewed period Ziraatbank Azerbaijan earned 14.7 million manats of interest profits, 6 million manat of non-interest profits, 3.2 million manats of interest expense, 7.5 million manats of non-interest expense, created special reserves for overdue loans for 6.2 million manats .

At the beginning of July this year, the assets of “Ziraatbank Az?rbaycan” amounted to 26.1% more – 440.9 million manats than at the beginning of July last year, including a net loan portfolio of 67.7% more – 280.2 million manats. The bank’s liabilities amounted to 338.5 million manats (24% more), including deposit portfolio – 228 million manats (20.5% more), balance capital – 102.4 million manats (33. 6% more), including authorized capital -65.5 million manats (31% more).

Source: Turan News Agency