Assets of Capital Bank Increased by 46.8% in 2015
In spite of the great shocks in the financial and banking sector in 2015, the assets of JSC Capital Bank exceeded 2 billion manats, increasing by 46.8%.
According to the financial report, the total amount of loans issued to customers is 1 billion 161.6 million manats, for which the bank has formed reserves of 76 million manats with a probability that some of them will not be refunded. In 2015, the loan portfolio increased by 32.4%.
Last year, the deposits of Capital Bank increased by 72% and exceeded 1 billion 45 million manats.
By 1 January 2016 the equity capital amounted to 286.8 million manats, of which 185 million AZN formed the authorized capital. Last year, the shareholders directed the profit for dividend payment.
OJSC Capital Bank has about 170 shareholders. Ltd. Pasha Holding owns 99.87% of the share capital. ----08B
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