Xalq Bank explained results of Third Quarter

According to the results of the third quarter of 2021, the volume of Assets of Oao Xalq Bank amounted to 2,221.24 million manat, the total capital of the bank at the end of the third quarter increased by 8.09 million manat and reached 444.90 million manat.

Compared with the indicators at the end of the second quarter of the current year, the loan portfolio increased by 8.5 million manat, amounting to 1,405.35 million manat. The quality of the portfolio has improved, the volume of overdue loans has significantly reduced – for the previous year, the Bank has achieved a decline in this indicator by 57.06%. The volume of customer deposit funds placed during the reporting period amounted to 1,444.94 million manat. Bank for the previous three months increased net profit by 8.4 million and completed the III quarter with a net profit of 14.2 million manat.

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