12:13 - 30.01.2020
January 30, Fineko/abc.az. Yapi Kredi Bank Azerbaijan has published the financial indicators for the past year.
ABC.AZ reports with reference to the Bank's report that in accordance with the priorities defined in the strategic roadmaps for supporting the real sector, financing of the non-oil sector continued its activities, increasing the loan portfolio by 7.6% up to AZN 187.3 million. In particular, the credit portfolio on business entities increased by 15.7% (against 2018) and amounted to AZN 130 million.
The report says that Bank's capital indicators are quite satisfactory. Thus, compared with the end of 2018 the Bank's capital of Class I grew by 8.76% up to AZN 66.6 million, while the total capital increased by 3.64% up to AZN 72.8 million.
Over the same period, the adequacy ratio of capital of Class I increased up to 30.1% and the total capital adequacy ratio up to 33%.
These indicators are many times higher than the minimum requirement of local legislation.
