At the expense of profit growth in the third quarter the total capital of Capital Bank reached 253 700 000 manat by October 1. At a rate of 12% capital adequacy ratio was 17.6%, according to the unaudited financial report of the bank.
In July-September, the bank's assets increased by 264 million manat to 1.8 billion manat.
For the three months the amount of deposits raised from individuals and legal entities increased by 77 million manat and reached 828 million manat. The growth of loans granted during this period amounted to 9% (90 million AZN) and amounted to 1 billion 140.8 million manat as of 1 October.
It is noteworthy that the data on revenues and expenditures of the bank are not available.
The authorized capital of Capital Bank is 185,800,000 manat.
Totally produced were 15 million shares, of which 99.87% are owned by Ltd Pasha Holding, while the remaining 0.13% - by about 170 individuals and legal entities. ------08D
Economics
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Azerbaijan's Minister of Digital Development and Transport, Rashad Nabiyev, announced on the social network "X" that during the visit of Israel's Minister of Regional Cooperation, David Amsalem, to Azerbaijan, discussions were held on cooperation in innovation, space, and aviation.
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A delegation led by Azerbaijan's Minister of Economy, Mikayil Jabbarov, met with key Italian officials during an official visit to Italy, highlighting the strong and multifaceted partnership between the two countries.
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