BAKU, Azerbaijan, Jan. 21
By Nazrin Israfilova – Trend:
Azerbaijani Xalq Bank’s profits increased by 5.88 percent, up to 27.29 million manat ($16 million) in 2021 compared to 2020, Trend reports citing the bank's financial report.
At the end of 2021, Xalq Bank retained its position in the market in terms of key financial indicators.
The bank's assets amounted to 2.539 billion manat ($1.4 billion), the client loan portfolio – 1.406 billion manat ($827.5 million), the volume of deposits excluding banks and other financial institutions – 1.543 billion manat ($908.1 million).
In addition, the total capital of Xalq Bank totaled 449.18 million manat ($264.3 million).
