11:41 - 17.04.2024

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April 17, Fineko/abc.az. VTB (Azerbaijan) has announced the financial indicators for Q1 of 2024.

ABC.AZ informs that following Q1 of 2024, VTB (Azerbaijan) net profit amounted to 2.202 million manats. Assets totaled 243.399 million manats.

Bank's loan portfolio grew by 18% compared with Q1 of 2023, in particular, the retail lending by 14%, business loans by 20.5%, and mortgage lending by 21%.

Following Q1 of 2024, the adequacy ratio of total capital was 38.26 (norm 12), and the adequacy of capital I was about 36.58 (norm 6). Leverec ratio was 32.72% (norm - 5%).

The total capital of the bank amounted to 93.352 million manats by March 31, an increase of 2.5%, and exceeded the minimum requirements of the Central Bank of Azerbaijan by almost 87%.

Information about the products and services of VTB Bank OJSC (Azerbaijan) can be obtained at the branches, on the official website https://vtb.az, by number 986, as well as on social media pages.