FinFly.news

Ask FinFly

← All companies

VT

Banking

VTB (Azerbaijan)

The Azerbaijani subsidiary of the VTB banking group, serving retail and corporate clients.

Official website ↗Ask FinFly

KEY FACTS

Sector: Banking
Materials on FinFly: 9
Covered since: June 24, 2026
Latest story: August 13, 2026
Official source: en.vtb.az

THE TIMELINE

Everything FinFly reported

9

In headline / lead

Economy · August 13, 2026

VTB Capital Reduction: Sign of Losses or Shareholder Flight?

VTB (Azerbaijan) announced a reduction in its authorized capital from 315.8 million to 94.7 million manats, raising questions about the bank's financial stability.

In headline / lead

Economy · August 12, 2026

VTB (Azerbaijan) to Cut Authorized Capital by 3.3 Times

VTB (Azerbaijan) decided at a shareholders' meeting on July 3 to reduce its authorized capital from 315.8 million to 94.7 million manats to align its capital structure with legal requirements.

In headline / lead

Economy · August 11, 2026

VTB (Azerbaijan) Cuts Non-Interest Expenses

VTB (Azerbaijan) became the only bank to significantly reduce non-interest expenses, while most banks increased costs.

In headline / lead

Economy · August 10, 2026

VTB (Azerbaijan) Assets and Liquidity Decline

In Q2 2026, VTB (Azerbaijan) CJSC reported a drop in cash, deposits, and assets, while its loan portfolio grew by 18.16%.

In headline / lead

Economy · July 21, 2026

VTB Azerbaijan Profit Falls 7.8% in First Half of 2026

Net profit of Bank VTB Azerbaijan fell 7.8% to 5.826 million manats, revenues dropped 8.1%, and the deposit portfolio decreased by 13.3%.

In headline / lead

Economy · July 17, 2026

VTB (Azerbaijan) Posts Decline in Profit and Deposits in First Half

VTB (Azerbaijan) reported a net profit of 5.826 million manats for the first half of 2024, down from 6.319 million manats a year earlier.

Mentioned in body

Economy · July 16, 2026

Deposit Portfolio of VTB Azerbaijan Shrinks by 13%

Net profit of Bank VTB Azerbaijan in the first half of 2026 amounted to 5.826 million manats, down 7.8% year-on-year.

In headline / lead

Economy · July 16, 2026

Bank VTB (Azerbaijan) Profit Declines

Bank VTB (Azerbaijan) posted a net profit of 5.825 million manats in Q2 2026, down 7.81% year-on-year.

In headline / lead

Economy · June 24, 2026

VTB (Azerbaijan) Announces New Appointments

Yusif Aliyev appointed head of small business client management, Rashad Aslanov named deputy head.

SAME SECTOR

Related companies

Kapital Bank

22 stories →

Xalq Bank

17 stories →

ABB

15 stories →

Yelo Bank

15 stories →

Bank Respublika

10 stories →

PASHA Bank

9 stories →