Bank Of Baku

CBA: No serious negative change is expected in loan portfolio of banking sector

CBA: No serious negative change is expected in loan portfolio of banking sector
# 31 August 2010 11:48 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Overdue credits in banking sector of Azerbaijan make 5%, CBA’s General Director Khagani Abdullayev told APA.

“We introduced new stress-test models to banks that they can simulate the processes what can in the quality of loan portfolio according to foreign and internal factors. These simulations indicate that no serious negative change is expected in the qualities of loan portfolio.”
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