16:40 - 22.07.2022

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July 22, Fineko/abc.az. In the 2nd quarter of 2022, Yapı Kredi Bank Azerbaijan significantly increased its net profit (against Q2 of 2021), bringing it up to AZN 1.36 million, ABC.AZ reports with reference to Bank’s published report.

The bank's assets totaled AZN 383.8 million and loan portfolio AZN 220.9 million. Compared with the end of 2021 (26%), there was a 36% increase in business loans in the total volume of loans given to customers. Thus, the loan portfolio given to corporate clients increased (versus Q2 of 2021) up to AZN 160 million in Q2 of 2022.

In particular, the non-oil sector prevails in the structure of this portfolio on economic spheres.