following the results of the second quarter of 2022, one of the largest private banks in Azerbaijan, Halg Bank OJSC, demonstrated stable growth according to the main financial indicators: the volume of assets grew by 193 million manat (8.25%), amounting to 2,532.4 million Manatov compared to the beginning of the year.
The bank completed the first half of 2022 with a net profit of 11.83 million manat, which is 6 million manat more than in the same period of 2021. At the end of the reporting period, the total capital of the bank amounted to 456.3 million manat.
For the second quarter, the volume of the loan portfolio increased by 54.4 million manat (3.83 %) and amounted to 1,473.4 million manat, and the volume of the deposit portfolio increased by 162.3 million manat (10.52 %) and amounted to 1,705 , 61 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 according to the main financial indicators.
Detailed information on loans and products Hulg Bank can be obtained on the website www.xalqbank.az, by phone of the information service 138, as well as on pages on Facebook and Instagram.