![OJSC Capital Bank Receives 44.6 Million Manat of Net Profit in H1](https://turan.az/resized/./turan-750-500-resize.webp)
OJSC Capital Bank Receives 44.6 Million Manat of Net Profit in H1
In the first half of 2015 the net profit of OJSC Capital Bank was 44.6 million manat, of which 23 million manat was earned in the second quarter.
In the second quarter the bank's assets decreased by 1.9% (32.1 million manat) to $ 1 billion 695.1 million manat, the bank's financial report for January-June this year said. The bank does not comment on statistics of income and expenditure.
As of July 1, the loan portfolio of Capital Bank was 1 billion 50.8 million manat, having increased for three months only by 9.9 million manat. The bank reserved 46.7 million manat for possible losses on these loans. The deposits attracted from the population and legal entities deposits were 750 million manat.
The authorized capital of Capital Bank is 185 million manat and the total capital is 247.4 million manat. The bank has a positive ratio of total capital to assets: with the requirement of 12%, the figure is 19.6%.
It has totally produced 15 million shares, of which 99.87% are owned by LLC Pasha Holding and the remaining 0.13% are owned by about 170 individuals and legal entities. -----08D
Economics
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