VTB Bank Azerbaijan issues loans worth over 200M manats
Baku, Azerbaijan, July 24
By Eldar Janashvili – Trend:
VTB Bank Azerbaijan issued loans worth 202.978 million manats at the end of the first half of this year, Trend reports referring to the financial report of the bank.
Of the total amount of the issued loans, the main share of assets accounted for consumer loans, making up (one third of the total amount of the issued loans) 152.213 million manats.
Among the remaining assets, a significant part (19.3 percent of the total volume) accounted for trade loans, which amounted to 39.161 million manats.
Loans worth 3.076 million manats (1.5 percent) were issued to the financial institutions. Loans worth 1.48 million manats (0.7 percent) were issued in the construction sector.
The volume of loans in the agricultural sector amounted to 1.116 million manats (0.5 percent).
(1.7 AZN = 1 USD on July 24)