17:11 - 23.01.2023
January 23, Fineko/abc.az. Yapı Kredi Bank Azerbaycan CJSC announced the financial results for 2022.
ABC.AZ informs with reference to bank's report that the interest of bank's customers to consumer and business loans was manifested in financial indicators. Thus, compared with the end of 2022, bank's total loan portfolio increased by 35.5% up to AZN 236.9 million, business loans by 44.3% up to AZN 169.2 million, as well as the portfolio of consumer loans offered taking into account customer needs by 12.8% up to AZN 45.3 million.
The high level of services and a special approach to entrepreneurs and individuals further strengthened confidence in the bank, and bank's deposit portfolio increased by 27.6% (versus 2021) up to AZN 363.9 million. For individuals, this figure grew by 17.9% up to AZN 80.8 million and for legal entities by 30.7% up to AZN 283.1 million.
By the end of 2022 bank's grade I capital adequacy ratio was 26.6%, and the total capital adequacy ratio - 28.1%. Bank’s total capital after deductions reached AZN 75.1 million. Under law, the minimum rate of total capital is AZN 50 million.
