Yapı Kredi Bank’s assets reached AZN 356 million


October 26, Fineko/abc.az. Over the first 9 months of 2021 the total operating income of Yapı Kredi Bank Azerbaijan exceeded expenditures, as a result of which Bank's operating profit amounted to AZN 4.8 million.

ABC.AZ reports that Bank's assets grew by AZN 356 million for Jan-Sept 2021.

In the 1st quarter of this year the capital adequacy ratio of the 1st degree reached 36%, and the total capital adequacy ratio 37%. As a result, Bank's capital adequacy indicators significantly exceeded the norms established by the regulatory body.

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