Unibank has announced its financial results for the third
quarter of 2026, delivering positive performance across its key
financial indicators.
During the reporting period, the Bank’s total income approached
AZN 333 million, representing an increase of
AZN 56 million compared with the same period of
the previous year. Operating profit exceeded AZN 53
million, while net profit increased by
73% year-on-year to AZN 26.6
million.
Strong growth was also recorded in the Bank’s capital and asset
base. Total capital increased by 19%, reaching
AZN 266 million, while total assets grew by
AZN 465 million to nearly AZN 2.4
billion. The Bank’s capital adequacy ratio stood at
14.57% during the reporting period.
Valentin Morozov, Chairman of the Management Board of
Unibank Commercial Bank OJSC, noted that the third quarter
of 2026 was marked by stable growth, improved operational
efficiency and the strengthening of the Bank’s key business
areas:
“The third quarter of 2026 marked another period of
continued progress for Unibank as we advanced through a new
strategic stage. Building on the positive momentum established in
the previous quarters, we continued to improve our key business
indicators. The implementation of our new strategy is progressing
in line with our plans. Expanding our digital channels, simplifying
service processes and improving the quality of the customer
experience remained at the centre of our activities throughout the
quarter. In the final quarter of the year, we aim to achieve the
targets we have set and further increase the value we create for
our customers and partners.”
Compared with the same period of the previous year, the Bank’s
total loan portfolio increased by AZN 273 million,
exceeding AZN 1.5 billion by the end of the third
quarter. Business loans within the overall loan portfolio grew by
44%. Compared with the corresponding period of the
previous year, the volume of business loans approached AZN
733 million, bringing their share of the total loan
portfolio close to 48%.
Significant growth was also recorded in lending to small
businesses. Compared with the third quarter of 2025, the share of
microloans in the business loan portfolio increased by
49% this year.
The deposit portfolio also demonstrated stable growth during the
period. The total deposit portfolio increased by
17%, exceeding AZN 1.4 billion by
the end of the third quarter.
A strong increase was recorded in both the volume and number of
cashless transactions during the reporting period. Compared with
the same period of the previous year, the volume of cashless
transactions increased by 12%, while the number of
transactions rose by 28%. From the beginning of
the year through 30 September, the volume of cashless transactions
exceeded AZN 12.2 billion, while the number of
transactions surpassed 432 million.
The Bank’s customer base increased by 14%
compared with the same period of the previous year, bringing the
total number of customers to more than 2.4
million. Compared with the third quarter of 2025, the
number of entrepreneur clients increased by 36%,
while the number of corporate clients grew by
12%.
Unibank — Your Bank!
