ABB overall capital amounted to AZN 1.568 bn

17:01 - 14.07.2023


July 14, Fineko/abc.az. As of June 30, 2023, the total capital of the International Bank of Azerbaijan (ABB) was AZN 1.568 bn.

ABC.AZ reports that for the past 6 months, the capital adequacy ratio of Class I was 19.39%, and the adequacy ratio of total capital - 21.35%.

The bank's capital adequacy indicators remain above the norms established by the regulatory body (6% and 12%, respectively, for systemically important banks).

For comparison, as of December 31, 2022, ABB total capital was AZN 1.385 bn.

Based on the decision of the next general meeting of the ABB shareholders on 3 July 2023, it was decided to pay dividends for AZN 156.6 million to the bank's shareholders from the profit received in 2022.

Dividends of AZN 150 million were paid to the State Budget.