Yapı Kredi Bank Azerbaijan`s deposits grown again

13:00 - 30.07.2019


July 30, Fineko/abc.az. The deposits of Yapı Kredi Bank Azerbaijan (YKBA) increased again in the 2nd quarter of 2019, says Bank’s report for the 1st half of 2019 (Jan-Jun period).

Deposits, the amount of which fell to AZN 278.7 million as of 31 March, reached AZN 298.628 million as of 30 June 2019. Term deposits of individuals and legal entities grew from AZN 63.4 million up to AZN 77.15 million.

On 30 June 2019, YKBA’s overall capital reached AZN 72.104 million (a rise of 10% versus the end of June 2018). The main causes of growth are increase of both the authorized capital and the profit of the Bank.