16:07 - 16.10.2024

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October 16, Fineko/abc.az. Azer-Turk Bank released its financial statements for Q3 of 2024.

ABC.AZ informs that according to the report, as of October 1, 2024, bank's assets grew by 55.5% or 552.9 million manats compared with early 2024 and reached 1.548 billion manats.

Azer-Turk Bank's total liabilities for this period amounted to 1.4 billion manats (58.6% or 533.7 million manats more than at the beginning of the year).

Individuals’ deposits decreased by 3.4% or 7.2 million manats compared with the beginning of the year and reached 207.208 million manats, while deposits of legal entities (companies) grew 2.7-fold or 451 million manats up to 721.186 million manats. Thus, bank’s total deposit portfolio for Jan-Sept 2024 increased by 91.6%, or by 443.807 million manats, up to 928.393 million manats.

As of October 1, 2024, the total capital of Azer-Turk Bank grew by 22.8% or by 19.249 million manats versus early 2024 up to 103.753 million manats.