This bank`s loan portfolio grew by AZN 10 million for Jan-Mar

12:06 - 28.04.2020


April 28, Fineko/abc.az. By the end of the 1st quarter of 2020 the capital adequacy ratio of grade I of Yapı Kredi Bank Azerbaijan increased by 64% (versus the same term of 2019) and reached 37.8%, and the total capital adequacy ratio by 56% up to 38.9%.

ABC.AZ reports that this is stated in the Bank's financial indicators for the 1st quarter of 2020. The Bank's leverage ratio increased in Q1 of this year and reached 18.2%. As a result, the Bank's capital adequacy indicators were significantly higher than the standards set by the regulatory body.

At the end of the Q1 of 2020 Bank's loan portfolio grew by AZN 10 million against the 2019 same term and amounted to AZN 173 million. Following the 1st quarter of 2020, Bank's total capital currently totaled AZN 72 million, and according to the current legislation, the minimum total capital is AZN 50 million.

 

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