BAKU, Azerbaijan, Aug. 3
By Zeyni Jafarov - Trend:
The total liabilities of Bank BTB Azerbaijan increased by 13.7 percent as of the end of the second quarter of 2021 compared to the same period of last year, Trend reports citing the bank's balance sheet.
In accordance with the report, the bank's total liabilities reached 140.3 million manat ($82.5 million).
In the structure of liabilities, a big part (62.5 percent) accounted for deposits, which amounted to 87.7 million manat ($51.6 million).
The liabilities to the credit organizations and other financial institutions practically did not change for the year and amounted to 10.9 million manat ($6.4 million) while other liabilities - 5.02 million manat ($2.9 million).
The liabilities of Bank BTB Azerbaijan to the Central Bank of Azerbaijan and state funds increased on an annualized basis by 16.5 percent up to 36.7 million manat ($21.6 million).
The bank's share capital did not change during the reporting period, amounting to 315.8 million manat ($185.8 million).
Retained earnings amounted to 251.9 million manat $148.2 million (decrease of 0.4 percent), general reserves - 1.4 million manat $823,529 (increase of 29.5 percent).
The bank's total capital increased by two percent and reached 65.2 million manat ($38.3 million) in the second quarter of 2021 compared to 63.9 million manat ($37.6 million) in the same period of last year.
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