Baku. Musa Ahmadov - APA-Economics. Moody’s has carried our stress-test in 8 banks of Azerbaijan, Maria Malyukova, Assistant Vice President - Analyst, Financial Institutions Group, Moody's Investors Service said on May 26.
According to her, the tests have been carried out on two scenarios – base-case and alternative scenario: “The first stress-test is more realistic. According to base-case scenario, we take into account the decline of GDP and reach of problems in the loan portfolio 20%. Under the alternative scenario, it’s forecasted the GDP to decline 8% and troubled loans to rise to 35%. According to the results, the capitalization may drop to 2.8% and the sector needs significant capitalization”.
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