17:41 - 25.04.2023

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April 25, Fineko/abc.az. Yapı Kredi Bank Azerbaycan completed the 1st quarter of 2023 with profit of AZN 2.2 million.

ABC.AZ reports that bank's deposit portfolio increased by 28.3% compared with the last quarter of 2022 and amounted to AZN 366 million, and bank's assets by 23% up to AZN 486 million.

In the first 3 months of this year, Yapı Kredi Bank Azerbaycan duly fulfilled the prudential standards set by the Central Bank of Azerbaijan.

Thus, by the end of the corresponding period, the bank's capital adequacy ratio of grade I was 25.83% and the total capital adequacy ratio - 27.64%.

The total capital of the bank after withdrawals amounted to AZN 77.7 million. Under law, the minimum rate of total capital is AZN 50 million.