CBA starts talks with commercial banks which have lack of capital

CBA starts talks with commercial banks which have lack of capital
# 12 December 2012 08:30 (UTC +04:00)

According to him, these banks must solve the problem on lack of capital and they are recommended consolidation of assets, which will solve the problems. Therefore, CBA has already started talks with those banks since yesterday. At the same time, EBRD, IFC also participate in the talks and support the consolidation. Even, these banks are interested top acquire share in those banks.

Remind that in accordance with eth decision of CBA, as of January 1, 2012, Azerbaijan-based commercial banks’ total capital must reach AZN 50 mln. At present, minimum requirement for total capital is AZN 10 mln.

1 2 3 4 5 İDMAN XƏBƏR
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THE OPERATION IS BEING PERFORMED