Tuesday, 02 January 2024 12:17 GMT

Capitalization Of Azerbaijani Banks Will Remain Strong Moody's


(MENAFN- Trend News Agency) BAKU, Azerbaijan, Feb. 25. Capitalization of Azerbaijani banks will remain strong, says Moody's, Trend reports.

“The Azerbaijani banks we rate have robust capital buffers, with TCE equal to a weighted average of 20% of RWA as of year-end 2024. The introduction of a 0.5% countercyclical buffer on banks operating in Azerbaijan starting 1 March 2025 has improved capital further. We expect robust internal capital generation will continue to support the banks' capitalization,” reads the report.

Will be updated

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Trend News Agency

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