VTB (Azerbaijan)

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

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KEY FACTS

Sector: Banking
Materials on FinFly: 1
Covered since: October 19, 2026
Latest story: October 19, 2026
Official source: en.vtb.az

THE TIMELINE

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Economy · October 19, 2026

VTB (Azerbaijan): nearly AZN 200 million in accumulated losses as consumer lending expands

VTB (Azerbaijan) reported accumulated losses of AZN 199.9 million at the end of September. Consumer lending rose 47.3%, while business loans increased just 1.7%.

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