"Yelo Bank" announced some financial results for the second quarter of 2022.

"APA-Economics" informs that the net profit of the bank decreased more than 4 times compared to the same period last year.

So, if the bank announced a net profit of 10 million manats in the first half of last year, this figure was 2.4 million manats in the first half of this year.

The total assets of the bank increased by 40% compared to the end of last year and exceeded 750 million manats.

The Bank's net interest income for the reporting period increased by 18% compared to the same period of 2021 and was more than 25 million manats.

The bank noted that its non-interest income increased by 4.3 times compared to the same period last year.

But he did not disclose the amount of non-interest income.

According to information, during this period, the deposit portfolio of "Yelo Bank" increased by 156 million manats and reached 509 million manats.

Since the beginning of the year, the loan portfolio of "Yelo Bank" has increased by 91 million and reached 537 million manats.

During the reporting period, the total capital of the Bank exceeded 91 million manats.

This is 41 million manats more than the regulatory requirement.

It was reported that the adequacy ratio of the total capital was 15.45%, and the adequacy ratio of the first-tier capital was 9.52%.