Expressbank OJSC has announced its financial results for 2020. The Bank's net profit, which successfully completed last year, amounted to 6,829,000 manat.
According to the 4th quarter of 2020, Expressbank OJSC has fulfilled prudential standards at a high level. The bank's Tier 1 capital adequacy ratio was 46.98% (with a minimum demand of 5%), which is one of the highest in the banking sector. The aggregate capital adequacy ratio was 51.11% (with a minimum demand of 9%) and the Leverage ratio was 32.68% (with a minimum demand of 4%).
