Kapital Bank Awaits to Over-Fulfill 2006 Forecasts
The State Kapital Bank will fulfill the financial forecasts for the year. In accordance with the strategic development plan, the assets of the Bank were expected at the level of AZN 140 mln, Trend reports with reference to Rauf Rzayev, Chairman of Executive Board of the Bank. However, the revenues from the privatization need to be considered as well. The first stage of the privatization will yield results in 2007. Presently the assets of the Bank are oscillating between AZN 135-150 mln. The annual forecasts for revenues of Kapital Bank have already been implemented at 101% for December 15. By the end of the year they are expected at the level of 105%.