Capital Bank Percentage of Problem Loans Could Grow Almost Double
JSC Capital Bank due to high profit margins and one-off gains from the revaluation of foreign currency assets at the end of last year's activities had a net profit of 64 million manat (approximately $ 55 million based on the average annual exchange rate).
As stated in the analytical assessment of the international agency Standard & Poor`s, in the event of further deterioration of the economic situation in the country, the bank may adjust its development strategy by reducing the rate of ........