According to the results of the third quarter of 2022, one of the largest private banks in Azerbaijan – Halg OJSC Bank – demonstrated stable growth according to the main financial indicators: the volume of assets grew by 259.8 million manat (11.1%), amounting to 2,599.2 million manat by manata Compared to the beginning of the year.
the bank completed the third quarter of 2022 with a net profit of 19.93 million manat, which is 5.68 million more (39.9%) than in the same period of 2021. At the end of the reporting period, the total capital of the bank amounted to 466.3 million manat.
over the third quarter, the volume of the loan portfolio increased by 184.8 million manat (13.02 %), amounting to 1,603.9 million manat, and the volume of the deposit portfolio grew by 235.3 million manat (15.25 %) and amounted to 1 778.55 million manat.
Hulg Bank, which is part of the top three of the largest private banks in Azerbaijan, retains its position in the banking sector in terms of assets and loan portfolio.
Detailed information about banking products and services can be obtained on the official pages facebook and Instagram Bank Halg, on the website www.xalqbank.az and in the information center by number 138.