10:44 - 1.10.2019

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October 1, Fineko/abc.az. Capital positions of the Azerbaijani banking sector are satisfactory. 

ABC.AZ informs that according to Financial Market Supervision Authority’s (FIMSA), the banks' review figures for August 2019 are declared as satisfactory. 
Particularly, the total capital is AZN 4.16 bn (14.9% more versus early 2019). The balance sheet capital for August grew by 0.7% (AZN 30.6 million) up to AZN 4.613 bn. In August the banks' operating profit increased by 17.3% (AZN 81.9 million) up to AZN 554.3 million. The net profit rose by up 13.8% (AZN 55.9 million) up to AZN 462.1 million. Compared with the same term of 2018, the entire interest income grew by 10.5% and interest income on loans by 14.3%.

 

Author: Elmir Murad