Expressbank demonstrated growth across its assets, loan and deposit portfolios, alongside profitability metrics.
Expressbank OJSC has announced its financial results for the third quarter of 2026. During the reporting period, the Bank's net profit surged by 65.09% to 9.9 million AZN, the loan portfolio reached 592.4 million AZN, and the deposit portfolio reached 372.2 million AZN.
The Bank’s assets increased by 8.81% compared to the end of last year, standing at 725.4 million AZN. The volume of loans granted to customers rose by 7.76% to 592.4 million AZN. Higher growth was recorded in business loans, with this portfolio expanding by 11.92% to approach 223 million AZN. The growth in the loan portfolio demonstrates Expressbank's agile approach to meeting its customers' financial needs and its commitment to supporting their development initiatives.
Significant growth was also observed in the deposit portfolio. The total deposit portfolio increased by 19.51% to 372.2 million AZN, while retail deposits grew by 27.04% to reach 330 million AZN. The increase in retail deposits is a key indicator reflecting customer trust in Expressbank and strong interest in its financial services. This positive dynamics is also crucial for the enhancement of long-term relationships with the Bank's clients.
The Bank's profitability indicators also demonstrated a positive trend. Compared to the same period of the previous year, interest income rose by 15.75% to 70.2 million AZN, while net interest income increased by 10.24% to 43.6 million AZN. Operating profit grew by 21% to reach 18.5 million AZN. Consequently, the Bank's net profit rose by 65.09% to reach 9.9 million AZN.
Growth was also recorded in investment and financial operations metrics. The volume of trading and investment securities increased by 49.42% to reach 59.4 million AZN. The volume of deposits placed with banks and other financial institutions grew by 53.60%, while loans granted to these institutions increased by 75.70%.
These results highlight Expressbank’s strengthening customer confidence and positive momentum across its financial metrics. The Bank continues to serve as a reliable financial partner to its customers while advancing its customer-oriented services.
"Expressbank" OJSC operates under license No. 119 issued by the CBA on December 30, 1992. Address: 134C Y.V. Chamanzaminli St., Baku.
