In 2014, VTB Bank (Azerbaijan ) could grow by 174%

BAKU/17.01.14/TURAN : VTB Bank (Azerbaijan ) plans this year to increase its assets by 174 %, while the growth in loan and deposit portfolios could reach respectively 178% and 200 %. The journalists at today's press conference on the results in 2013 and plans for 2014 were informed by the bank's chairman Alexander Yeremin .

According to him, the bank's assets increased in 2013 by 2.4 times , reaching 207.9 million manat. While "working" assets in the form of loan portfolio are impressive 90% of the total assets . With the planned loss of 2.8 million manat , the bank managed to finish the year with a net profit of 2.2 mln at national reporting standards ( and about 4 million manat on International Financial Reporting Standards ) .

The total loan portfolio increased by 2.6 times , reaching 187.9 million manat. The portfolio on corporate business grew by 1.7 times, on small business - by 3.3 times and on retail business - by 2.7 times. The total capital of the bank increased by 3 -fold to 45 million manat.

On the general summary of 2013, we can confidently say that VTB Bank (Azerbaijan ) has emerged as a universal financial institution that serves all customer segments in the market, and develops corporate, small and retail businesses, said Yeremin. -15D -

 

Leave a review

Economics

Sərhəddə gərginlik. Sülh danışıqları, yoxsa yenidən qarşıdurma? – Cəsur Məmmədov Çətin sualda



InvestPro Azerbaijan Baku & Turkiye Istanbul 2024 – two conferences in one shot


Əziz Bakı şəhəri sakini!

Siz də Qlobal İqlim Dəyişmələri ilə mübarizəyə öz töhfənizi verə bilərsiniz

Dear resident of Baku city!

You too can contribute to the fight against Global Climate Change

Дорогой житель города Баку!

Вы тоже можете внести свой вклад в борьбу с глобальным изменением климата

Follow us on social networks

News Line