"Azer Turk Bank" announced the financial report for 2022.

"Apa-Economics" reports with reference to the bank's financial report that the bank will spend 11 million in 2022.

finished with a net profit of manat.

This is 20 times more than in 2021.

Thus, in 2021, "Azer Turk Bank" announced a net profit of 546 thousand manats.

During the reporting period, the bank's interest income was 35 mln.

253 thousand manats, and interest costs 11 million.

It was 67 thousand manats.

The bank's net interest income will increase by 52% or 8 million in 2022 compared to the previous year.

274 thousand manats increased to 24 million.

It has increased to 187 thousand manats.

Last year, the bank's loan portfolio (loans granted to customers) grew by 37.7% or 88 million 131 thousand manats to 321 million manats.

It increased to 723 thousand manats, including the volume of consumer loans increased by 84.7% to 143 million manats.

It was equal to 475 thousand manats.

The bank's profit tax payments in 2022 will be 3 mln.

It was 455 thousand manats (10 times more than in 2021).

Last year, the bank's deposits increased by 85.6% to 385 mln.

increased to AZN, including the deposits of individuals increased more than 2 times to 201 mln.

195 thousand manats, and deposits of legal entities increased by 62% to 183 million manats.

It reached 813 thousand manats.

As of January 1 of this year, the bank's total assets have increased 2.4 times to 965 mln.

It was 157 thousand manats.

Liabilities increased by 2.5 times to 895.9 million manats, and total capital increased by 21.4% to 69 million manats.

It has increased to 174 thousand manats.

Shukran Mammadov