TBC Subsidiary YELO BANK Closes Pandemic Year in Azerbaijan with Solid Positions

TBC subsidiary Yelo Bank maintains a strong position in the Azerbaijani market.

Yelo Bank successfully completed the last quarter of the pandemic year with a loan portfolio of $ 181.5 million (308.3 million manat) (+ $ 2.35 million compared to the same period in 2019).

According to Trend.az, the business loan portfolio shows 18% annual growth.

The total assets of the bank are up to $ 230.12 million.

The capital adequacy ratio is 16.04%. This indicates a high stability of the bank's capital, as it is about 2-3 times higher than the established norms.

The bank increased its share capital by 5.6% to 378 million manat ($ 222.5 million) in the fourth quarter of 2020 compared to the previous quarter, and managed a high level of liquidity throughout the pandemic year.

The pandemic year bank was able to maintain liquidity throughout the year.

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TBC Subsidiary YELO BANK Closes Pandemic Year in Azerbaijan with Solid Positions

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TBC Subsidiary YELO BANK Closes Pandemic Year in Azerbaijan with Solid Positions

TBC subsidiary Yelo Bank maintains a strong position in the Azerbaijani market.

Last 7 Days Hot Topic

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 01

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 02

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 03

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 04

Georgia Sees Surge in Electric Vehicle Registrations 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
01

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
02

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
03

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