Azer Turk Bank capital adequacy ratio exceeds 40%

Azer Turk Bank capital adequacy ratio exceeds 40%
  • Clock-gray 08:43
  • calendar-gray 24 July 2017

As of June 30, 2017, Azer Turk Bank’s assets were determined at the level of AZN 311.623 million.  

 

Bank says the loan portfolio totaled AZN 126.7 million. The aggregate capital of the Bank, after payoffs, amounted to AZN 54.811 million, the capital adequacy ratio was set at 40.84%.

 

The total income of the Bank achieved AZN 12.544 million, the total expenses – AZN 11.1 million, net profit exceeded AZN 1.430 million, deposit portfolio amounted to AZN 206.3 million, and authorized capital makes up AZN 50 million.

 

The state owns 75 percent of shares of Azer Turk Bank, operating in Azerbaijan for 22 years.

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