Central Bank: Stress-tests show that the banking sector preserved its paying capacity even in the most pessimist scenario

Central Bank: Stress-tests show that the banking sector preserved its paying capacity even in the most pessimist scenario
# 13 October 2015 11:49 (UTC +04:00)

Rustamov says CB’s policy on financial stability directed to provision of balance between banks’ sustainability and credit activity: “Currently, the banks continues crediting the economy. AZN 7.5 bln loans, including AZN 5 bln business loans were allocated throughout the year”.

CB chairman added that the loan portfolio of the banks are satisfactory: “Share of overdue credits makes 6.5%. Capital adequacy is 17%. This index must be 8% in accordance with the international standards. Total capital doubled to AZN 4.2 bln, liquidity makes 60-70%. Stress-tests show that the banking sector preserved its paying capacity even in the most pessimist scenario”.

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THE OPERATION IS BEING PERFORMED