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Yapı Kredi Bank Azerbaijan has published a report - Growth is observed

27.07.2021,15:42


July 27, Fineko/abc.az. Yapı Kredi Bank Azerbaijan has published a report for the 2nd quarter of 2021.

ABC.AZ reports that Bank's net interest income for the first 6 months of this year amounted to AZN 11.2 million.

Also, compared with the same term of 2020, there was an increase in class I capital, the adequacy ratio of total capital and the financial leverage ratio.

Thus, the capital adequacy ratio of the 1st degree increased up to 41.23%, and the total capital adequacy ratio grew up to 42.19%.

Bank's leverage ratio increased by 21% in Q1 of this year. As a result, the bank's capital adequacy index significantly exceeded the norms established by the regulatory body.

According to the requirements of the Central Bank, the adequacy ratio of the total capital should be at least 10%.