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Kapital Bank discloses number of cards provided to customers

Economy Materials 8 December 2023 12:10 (UTC +04:00)
Kapital Bank discloses number of cards provided to customers
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 8. Azerbaijan's Kapital Bank has provided 2.5 million bank cards to its customers as of today, Deputy Chairman of the Board of Directors at the bank, Farid Huseynov said, Trend reports.

He made the remark during a press conference dedicated to the results of the year and the strategy for 2024-2026.

He went on to note that 35 percent of these cards have been ordered online.

According to the financial indicators for the third quarter of 2023, Kapital Bank's assets amounted to 8.5 billion manat ($4.99 billion) as of the first of October 2023. The volume of the bank's loan portfolio reached 4 billion manat ($2.35 billion), and the total amount of customer deposits was 6.5 billion manat ($3.8 billion).

As of October 1, 2023, Kapital Bank's total capital after tax amounted to 792 million manat ($465.8 million) and ordinary and preferred shares at 265 million manat ($155.8 million); net profit amounted to 182.012 million manat ($107 million).

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