Bank Of Baku

Moody's expects deterioration in OJSC XALQ BANK’s asset quality

Moody
# 22 January 2016 07:29 (UTC +04:00)

“The change of outlook is driven by the negative pressure on the bank's standalone credit profile over the next 12-18 months, prompted by the expected deterioration of the loan book quality along with increases in provisioning charges”, said the report.

 

Moody's expects a deterioration in asset quality driven by the depreciation of the manat, as up to the half of foreign currency borrowers are not hedged.

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED