Balance capital in banking sector has grown - Report

16:19 - 24.10.2019


October 24 Fineko/abc.az. The total capital of the banking sector reached AZN 4.236 million for September of the year (17.0% more versus early 2019).

ABC.AZ informs that the data is covered by Financial Market Supervision Authority’s (Fimsa) report on the banking sector for the period up to 30 September 2019.

Thus, for the reported term the balance sheet capital grew by 15.1% since early 2019 up to AZN 4.69. The banking sector also made an operating profit of AZN 645.7 million during the period. The net profit of the sector amounted to AZN 522.7 million. Compared with the 2018 same term, interest income grew by 10.6% and interest income on loans by 14.4%.

 

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