Lenders reported a fall in total net profit of 1.5 percent year-on-year of 366.3 million manats ($215.5 million) in the period from January to June 2021, but an increase from the 273.2 million manats reported a month earlier.

The bank’s assets amounted to 5.7 billion manats, 9.3 percent up from January-June 2020. Liabilities rose by 12.1 percent, amounting to 5.2 billion manats.

The bank said that its assets decreased by 1.2 percent year-on-year to 8.9 billion manats, while its liabilities fell by 3.4 percent to 8.4 billion manats.