15:39 - 16.07.2026

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July 16, Fineko/abc.az. The report of state-governed Azer-Turk Bank OJSC for the 1st half of 2026, despite the formal increase in net profit, indicates the presence of serious structural problems.

Thus, more than 83% of all the bank's revenues (77.2 million manats) out of the 92.5 million manats received are spent on covering internal operating expenses, and the difference between operating (15.3 million manats) and net profit (10.3 million manats) confirms the high administrative and tax burden on the financial result.

At the same time, bank's deposit portfolio jumped by 30%, reaching 1.5 billion manats, while the loan portfolio was only 828 million manats. The fact that the bank is unable to effectively deploy its attracted liquidity in the real sector turns its liabilities into an expensive burden.

As a result, with assets exceeding 2 billion manats, the net profit of 10.3 million manats reflects an extremely low return on assets (ROA) of only 0.5%, which is significantly lower than the market average.