'Kapitalbank' earns 166 million manats of net profit in 9 months
'Kapitalbank' announced its financial indices for January-September 2024.
In the reviewed period, the bank earned 166.1 million manats of net profit, which is down by 8.8% from the same period of the last year.
As of the beginning of October this year the 'Kapitalbank's assets amounted to 21.5% more than at the beginning of October last year - 10,277,3 million manats, including the net loan portfolio of 31.2% more - 4,572,4 million manats.
At that, the bank's liabilities amounted to 9,370,9 million manats (23.2% more), including the deposit portfolio of 7 937.7 million manats (22.4% more), the book capital of 906.4 million manats (6.1% more), the authorized capital of 265.85 million manats (unchanged).
Finance
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The Central Bank of Azerbaijan (CBA) has approved the ‘Concept of Policy on Risk-Based Control’. This is reported on the website of the structure.
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If 2 years ago a share of local revenues in the budget of the Nakhchivan Autonomous Republic was 20-25%, by this year's end a share of local revenues will exceed 50%.
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The Central Bank of Azerbaijan (CBA) has given binding instructions to 'Azsığorta', 'Atəşgah Insurance', 'İpək Yolu Insurance', 'Xalq Həyat Insurance', 'Aqrar Insurance' and 'AzRe Təkrarsığorta'. This is reported on the CBA website.
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The NBCO 'Para will hold a regular general meeting of shareholders on 4 February at 11:00.
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