17:26 - 16.07.2026

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July 16, Fineko/abc.az. The analysis of the financial report of Unibank OJSC for Q2 of 2026 shows that against the background of expanding the scale of bank's activities, its internal risks and the overall debt burden have significantly grown.

With operating profit of over 28.6 million manats, bank's net profit was only 17.2 million manats, indicating that nearly 40% of operating income (more than 11.4 million manats) was used to cover reserves, taxes, and administrative costs.

This imbalance is exacerbated by the fact that bank's loan portfolio (approx. 1.5 billion manats) exceeds its deposit portfolio (close to 1.4 billion manats), which has led to Unibank's reliance on external borrowing to cover its liquidity shortfall. This has increased its vulnerability to global financial fluctuations.

In addition, aggressive expansion into the most unstable microbusiness segment, where the share of microloans in the portfolio jumped by 53% at once, creates long-term risks of a sharp increase in the share of non-performing loans in the future.