Azerbaijani government suspends quarterly public debt disclosure
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- Politics
- 15 November 2024 11:55
Finance
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‘Kapitalbank’ plans to finish 2024 with net profit of AZN 240-250 million.This was announced by Emin Mammadov, member of the Bank's management board.
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The Central Bank of Azerbaijan (CBA) has approved the document ‘Macro-prudential policy framework in the banking sector’.This is reported on the CBA website.
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So far ‘Kapitalbank’ has allocated about AZN 200 million of credits for rehabilitation and reconstruction projects implemented in the territories of Azerbaijan liberated from occupation.
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In keeping with the requirements of the legislation in Azerbaijan, economic entities must involve independent (external) auditors to verify the reliability of financial (accounting) statements for 2024.
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