BAKU, Azerbaijan, October 25. Total assets of Yapi Kredi Bank Azerbaijan increased in the third quarter of 2022, Trend reports on October 25 via the bank's balance report.
According to the report, this figure amounted to 379.56 million manat ($223.27 million), up by 23.6 million manat ($13.8 million manat), or 6.63 percent on annual basis.
The largest share (57.68 percent) in the structure of assets was the loan portfolio, which grew by 29.53 percent over the year to 218.9 million manat ($128.7 million).
From July through September 2022, about 5.33 percent of Yapi Kredi Bank Azerbaijan's assets were investments in securities – 20.2 million manat ($11.8 million).
Another nearly 40.17 percent of the bank’s total assets were cash and cash equivalents, which amounted to 152.47 million manat ($89.69 million).
Other assets of the bank equaled 8.39 million manat ($4.94 million).