Azer Turk Bank capital adequacy ratio exceeds 40%

According to the information given by the press service of Azer Turk Bank, assets of the Bank were determined at the level of 311 623 thousands manats for June 30, 2017. Loan portfolio of the Bank totaled 126,7 mln. manats. The aggregate capital of the Bank, after payoffs, amounted to 54 811 thousands manats, the capital adequacy ratio was set at 40,84%.

The total income of the Bank achieved 12,544 mln. manats, the total expenses – 11,1 mln. manats, net profit of the Bank exceeded 1,430 mln. manats. The deposit portfolio of the Bank amounted to 206,3 mln. manats. The authorized capital of the Bank is 50 mln. manats.

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

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