AFB Bank's deposit portfolio decreased by 7.9% - Report

11:03 - 15.10.2025


October 15, Fineko/abc.az. Over Jan-Sept 2025, AFB Bank's liabilities increased by 3.2% and amounted to 245.148 million manats.

ABC.AZ reports that in particular, the deposit portfolio declined by 7.9% to 139.795 million manats and the balance sheet capital decreased slightly to 75.323 million manats.

AFB Bank started its activity in 2008 under the name Azfinansbank, and in 2009 it was rebranded. Its authorized capital is 70.393 million manats.

99.64% of bank's shares belong to Hikmet Ismayilov (100% shareholder of AzSigorta, 31.11% shareholder of Bank of Baku), 0.18% - Jamil Muradov (chairman of board at Gilan Holding LLC), 0.18% - Akbar Abdullayev.

By Elmir Murad