New record of Yelo Bank: loan portfolio exceeds 1 billion manats!

Yelo Bank published financial results for the second quarter of 2025 and continued to demonstrate stable growth of key indicators in the first half of the year. For the first six months of the current year, the bank received a net profit of 19.7 million manats. Here are some other important results of the reporting period.

Since the beginning of the year, the total loan portfolio has increased by 60 million manats (6%), approaching the 1 billion manats mark by the end of the quarter. The main part of the issued loans was directed to financing the real sector of the economy, which remains a priority area of the Bank's activities.

During the first six months of 2025, over 13,000 clients received business loans totaling about 300 million manats. As a result, the business loan portfolio increased by 29 million manats (5%) compared to the beginning of the year and by 82 million manats (more than 15%) compared to the same period last year, reaching 612 million manats.

During the same period, more than 18,000 clients received over 181 million manats in consumer loans. The consumer loan portfolio grew to 377 million manats, which is 35 million manats (more than 10%) higher than at the beginning of the year and 59 million manats (more than 18%) higher than in the same period last year. At the same time, 34% of sales were made through online channels.

At the end of the reporting period, the Bank's deposit portfolio amounted to 948 million manats. The main part of the growth came from term deposits of individuals, which reached 794 million manats, indicating a high level of customer trust in Yelo Bank.

The Bank's interest income increased by 8 million manats (11%) compared to the same period last year, amounting to 84 million manats, while non-interest income exceeded 8 million manats.

The Bank's total capital at the end of the reporting period exceeded 163 million manats, which is 113 million manats above the regulatory level. The total capital adequacy ratio was 14.3%, and the tier 1 capital adequacy ratio was 10.7%, which significantly exceeds the established requirements. The bank's assets at the end of the reporting period reached 1 billion 323 million manats.

Yelo Bank's Chairman of the Board Anar Hasanov commented on the achieved results:

"This quarter was memorable for us not only for strong financial indicators but also for implemented innovations. The loan portfolio exceeded 1 billion manats, deposit volumes increased, and positive dynamics continue in other key financial indicators. Business loans played a significant role in the portfolio growth, reflecting our support for the sustainable development of the real sector and entrepreneurship in the country. A number of implemented innovations - such as digital cards, investment services, and updated cashback offers - were positively received by our customers. In addition, we continue to optimize services, making them simpler and faster. In the future, we intend to continue offering innovative and sustainable solutions that will meet the needs of our customers and contribute to economic development."

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