BAKU, Azerbaijan, October 25. Total liabilities of Yapi Kredi Bank Azerbaijan increased as of September 30, 2022, Trend reported on October 25 via the bank's balance report.
According to the report, this figure amounted to 296.7 million manat ($174.5 million), up by 22.6 million manat ($13.3 million) or 8.26 percent on annual basis.
A significant share (89.91 percent) in the structure of liabilities accounted for deposits, which grew by 6.86 percent over the year - up to 266.8 million manat ($156.9 million).
The share of deposits of legal entities in the mentioned structure equaled 71.86 percent. These deposits amounted to over 191.78 million manat ($112.81 million), which is a growth of 5.95 percent year on year.
The share of deposits of individuals in the structure of liabilities of Yapi Kredi Bank Azerbaijan made up 28.14 percent. These deposits grew by 9.25 percent on annual basis - to 75.06 million manat ($44.15 million).
The bank's liabilities to credit organizations and other financial institutions stood at 23.69 million manat ($13.94 million).
Besides, the bank’s share capital amounted to 55.38 million manat ($32.58 million) as of September 30, 2022, remaining unchanged over the year.
Meanwhile, the bank’s capital reserves stood at 2.8 million manat ($1.6 million), thus having grown by 36.78 percent year on year, and its retained earnings made up 24.6 million manat ($14.4 million).
The total capital of Yapi Kredi Bank Azerbaijan in 3Q2022 amounted to 82.79 million manat ($48.7 million).