For January–June 2026, the bank's income amounted to 26.053 million manats (down 8.1% year-on-year), while expenses totaled 21.393 million manats (down 4%). Savings on special reserve contributions reached 554,000 manats (up 2.1 times), and savings on income tax amounted to 612,000 manats (the bank paid no tax a year earlier).
As of July 1, VTB (Azerbaijan)'s assets stood at 336.851 million manats, down 0.1% year-on-year. Of these, 247.35 million manats were net loans to customers. The loan portfolio grew by 19.8% over the year.
The bank's liabilities decreased by 3.7% to 220.669 million manats, including a 13.3% drop in the deposit portfolio to 121.778 million manats. Equity increased by 7.7% to 116.164 million manats.
VTB Group's subsidiary bank in Azerbaijan was established in 2009 on the basis of AF Bank (which had been operating since 2003). Its authorized capital is 315.815 million manats. 99.999995% of shares are owned by VTB Bank PJSC, and 0.000005% by Adygozal Agayev, former CEO of Ata Holding.