Big profit from Muganbank in the first 2 months of 2021 - BANK SITUATION ANOUNCEMENT

The bank's total capital continued to grow and exceeded 94 million manat. At the end of February this year, the loan portfolio of "Muganbank" OJSC to customers increased by 11 million 113 thousand manat compared to 2020 and amounted to 347 million 59 thousand manat. Last year, this figure was 335.946.000 AZN

This is stated in a statement issued by the Bank.

THE BANK HAS GROWN MORE

According to the report, the total assets of Muganbank OJSC increased from 590 million 906.22 thousand manat at the end of 2020 to 12 million 410.59 thousand manat, and by the end of February this year increased to 603 million 316.81 thousand manat.