BAKU, Azerbaijan, Jan. 27
By Nazrin Israfilova - Trend:
VTB Bank Azerbaijan increased its assets by 24 percent in 2021 up to 232.3 million manat ($136.6 million), Trend reports citing the bank's report.
According to the bank, the loan portfolio increased by 31.2 percent up to 165.08 million manat ($97.1 million) in 2021.
The bank's consumer lending portfolio reached 56.1 million manat $33 million (an increase of 2.7 times), business loan portfolio - 78.6 million manat $46.2 million (decrease of 4.6 percent) in 2021.
The bank's liabilities reach 163.6 million manat $96.2 million (an increase of 32.6 percent) in late 2021.
The deposit portfolio is estimated at 88.8 million manat $52.2 million (growth by 17.9 percent), including deposits of individuals - 53.9 million manat $31.7 million (growth by 37.5 percent).