Yelo Bank demonstrated positive growth dynamics in the first quarter of 2025

Yelo Bank demonstrated positive growth dynamics in the first quarter of 2025
PR 6

Yelo Bank continues to demonstrate stable financial results and confident growth dynamics. At the end of the first quarter of 2025, the Bank received a net profit of 11.2 million manats.

The Bank's total loan portfolio increased by 158 million manats compared to the same period last year, exceeding 960 million manats. Financing the real sector, which remains a key direction of the Bank's strategy, continues to be in focus. The portfolio of loans issued to micro, small and medium enterprises reached 605 million manats, which is 18% more compared to the same period last year.

The consumer loan portfolio also increased by 22% and amounted to 355.1 million manats. The share of applications and sales processed online has significantly increased: 47% of the consumer portfolio growth and 76.2% of sales come from digital channels.

The Bank's deposit portfolio amounted to 913 million manats, with the main part of the growth coming from individual deposits. This confirms the long-term trust of clients and financial partnership with the Bank.

The Bank's interest income for the reporting period amounted to 40.8 million manats, which also indicates positive dynamics.

The Bank's capital position is also strengthening. The total capital at the end of the quarter amounted to 159 million manats, which exceeds the regulatory requirement by 109 million manats. The total capital adequacy ratio was 14%, and the Tier 1 capital adequacy ratio was 10.77%, both indicators are above the established norms. The total assets of the Bank at the end of the quarter amounted to 1 billion 260.8 million manats.

Yelo Bank continues to strengthen its position in the market thanks to its sustainable development strategy and customer-oriented approach.

Want to get a loan from Yelo Bank? Then call 981 or write to our accounts on Facebook, Instagram, Whatsapp or yelo.az

Yelo Bank – Bright Banking!

This news edited with AI

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