Yelo Bank has announced its financial results for the first nine
months of 2025. The positive momentum in the Bank’s key financial
indicators continued throughout the third quarter. During this
period, Yelo Bank earned a profit of approximately 25 million
manats. Notably, both the deposit and loan portfolios exceeded 1
billion manats.
Since the beginning of the year, the loan portfolio has grown by
more than 12%, reaching 1 billion 53 million manats. In line with
the Bank’s priorities, the share of business loans within the total
loan portfolio continued to expand.
In the first nine months of 2025, entrepreneurs received 474
million manats in business loans. As a result, the business loan
portfolio surpassed 646 million manats, reflecting an increase of
59 million manats, or 10%, since the start of the year.
Supporting microbusinesses in the regions remains a key focus for
the Bank. During the reporting period, 305 million manats were
allocated to this segment. Overall, the microbusiness loan
portfolio grew by 48.6 million manats, or 14%, reaching 395 million
manats by the end of the quarter.
Over the same period, more than 284 million manats in consumer
loans were issued. Consequently, the consumer loan portfolio
exceeded 407 million manats, an increase of 60 million manats, or
more than 17%, compared to the beginning of the year. Importantly,
40% of this portfolio growth and 38% of sales were generated
through online channels.
Yelo Bank’s deposit portfolio also demonstrated solid growth.
Compared to the end of last year, deposits increased by 111 million
manats, or 12%, reaching 1 billion 40 million manats at the end of
the third quarter. A significant portion of this growth came from
individual deposits, underscoring the attractiveness of the Bank’s
products and services.
The Bank’s capital position strengthened further, with total
capital reaching 168 million manats during the reporting period—13%
higher than at the beginning of the year. The total capital
adequacy ratio stood at 13.68%, while the Tier 1 capital adequacy
ratio was 9.93%, both exceeding regulatory requirements. By the end
of the quarter, the Bank’s assets had increased by 12% to 1 billion
444 million manats. Interest income surpassed 130 million manats,
while non-interest income exceeded 11 million manats.
Anar Hasanov, Chairman of the Board of Yelo Bank, commented on the
results: “The results of the first nine months of 2025 demonstrate
that Yelo Bank is confidently advancing towards its strategic
goals. Our financial indicators—loan and deposit portfolios
exceeding 1 billion manats, along with growth in capital and
assets—confirm the successful execution of our plans. In line with
the challenges of the new strategic period, we continue to build a
banking environment that creates added value and strengthens
customer loyalty. Our digital solutions not only simplify access to
financial services but also provide significant support for the
sustainable growth of businesses. These achievements are not
coincidental—they are the result of the dedication of our
professional team and the trust placed in us by our customers. We
are confident that together we will reach even greater milestones
in the future.”
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Yelo Bank ends the third quarter with profit
