BAKU, Azerbaijan, Jan. 25
By Nazrin Israfilova – Trend:
Public deposits in Azerbaijan’s Azer Turk Bank amounted to 42.7 million manat ($25.1 million) following the results of 2021, Trend reports referring to the bank’s financial report.
In general, Azer Turk Bank attracted deposits in the amount of 161.8 million manat ($95.2 million) in 2021.
The bank’s joint liabilities reached 350.3 million manat ($206.1 million), which is 17.6 percent more than in 2020 (297.7 million manat – $175.2 million).
The overall capital of Azer Turk Bank totaled 51.2 million manat ($30.1 million), while at the end of 2020 the capital amounted to 52.01 million manat ($30.6 million), a decrease of 1.6 percent.
The number of Azer Turk Bank’s customers has more than doubled over the year and exceeded 200,000, said the bank.