13 October 2015, 20:22
According to the stress testing of the banking sector conducted by the Central Bank of Azerbaijan (CBA), the banks will be able to maintain their solvency with the most pessimistic scenario, Elman Rustamov, the CBA chairman of board, said Oct. 13.
Rustamov made this statement at a plenary session of the Azerbaijani Parliament while discussing the draft state budget-2016 and the next three years.
“The capital adequacy level is the main index of the banking sector stability,” he said. “It hits 17...