Bank Of Baku

Elman Rustamov: “It won’t be a problem for commercial banks to up total capital to AZN 50 mln”

Elman Rustamov: “It won’t be a problem for commercial banks to up total capital to AZN 50 mln”
# 06 September 2013 08:25 (UTC +04:00)

Baku. Vahab Rzayev - APA-Economics. Central Bank of Azerbaijan does not see any problem for commercial banks in the process of meeting the requirements regarding total capital.

 

CB chairman Elman Rustamov says at present, the banks, which cover 80% of assets on aggregate banking system, meet the requirement of AZN 50.

All the banks operating in the country must reach total capitals up to AZN 50 till the year-end.

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