Over January-September 2006, the joint capital of all the banks operating in the country has increased by 29.5% versus the beginning of the year, and reached 502.8 mln. AZN. The growth made up 46.4% against the corresponding period of the last year, a source in the National Bank of Azerbaijan (NBA) has told Trend today.
According to the schedule approved by the Board of NBA, the next normative requirement to the joint capital of the banks, which was fixed for July, 2006 should make up the joint capital at 6,4 mln. AZN, 8.2 manats to January 1, 2007, and 10 mln. AZN to July 1, 2007.
Grouping the banks in accordance with the volume of the joint capital is given in the table below
Up to 3.5 mln. AZN |
From 3.5 mln. AZN to 5 mln. AZN |
From 5 mln. AZN to 10 mln. AZN |
Over 10 mln. AZN |
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Number |
Weight of Joint Bank Capital (%) |
Number |
Weight of Joint Bank Capital (%) |
Number |
Weight of Joint Bank Capital (%) |
Number |
Weight of Joint Bank Capital (%) | ||||||||||||||
2004 30-09-2005 9-2005 |
19 7 |
24,5 7 |
10 13 |
17,2 18,4 |
10 16 |
27,7 33,1 |
4 6 |
30,6 41,5 |
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31-12-2005 |
2 |
1,8 |
9 |
12,3 |
23 |
41,2 |
8 |
44,7 |
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31-03-2006 |
2 |
1,5 |
4 |
4,8 |
29 |
49,9 |
8 |
43,8 |
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30-06-2006 30-09-2006 |
2 1 |
1,4 0,3 |
3 2 |
3,4 1,8 |
29 3 |
49,9 50,4 |
9 9 |
45,3 |
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Data of June 30, 05 to December 31, 05, the information on the two banks has not been included, Data on 2006 on one bank. |