Accra:Kapital Bank, the first bank in the country, revealed its financial performance for the third quarter of 2026. By September 30, 2026, the bank’s total assets saw a 15.4% increase compared to the same period the previous year, totaling 13 billion 919 million 541 thousand manats.
According to Azerbaijan State News Agency, the bank’s total income for the first nine months of 2026 rose by 12.8%, amounting to 1 billion 510 million 119 thousand manats. This growth was attributed to an increase in both interest and non-interest income, with interest income reaching 986 million 294 thousand manats, a 12.8% rise, and non-interest income increasing by 13% to 523 million 825 thousand manats.
Kapital Bank’s net profit climbed by 29.6%, totaling 297 million 4 thousand manats, compared to the 229 million 129 thousand manats recorded in the same period of 2025. By the end of September 2026, the bank’s loan portfolio expanded by 17.7% to 6 billion 391 million 310 thousand manats, driven by growth in business and consumer lending. Business loans surged by 33.1% to 2 billion 266 million 953 thousand manats, while consumer loans increased by 12.9% to 3 billion 536 million 895 thousand manats.
The bank’s deposit portfolio also saw an 18.9% rise, reaching 10 billion 305 million 862 thousand manats. During this period, individual deposits rose by 32.4% to 4 billion 95 million 139 thousand manats, and deposits from legal entities increased by 11.3% to 6 billion 210 million 723 thousand manats.
By the end of the third quarter, Kapital Bank’s total capital grew by 12.4% to 1 billion 221 million 237 thousand manats, up from 1 billion 86 million 332 thousand manats in the same timeframe the previous year. As a part of PASHA Holding, Kapital Bank boasts the largest service network in Azerbaijan, with 118 branches, 50 divisions, and 15 Digital Centers across the country.