FIMSA has control over 5 banks with capitalization problem

FIMSA has control over 5 banks with capitalization problem
# 30 May 2017 09:18 (UTC +04:00)

“Eleven banks have been removed from the system during recent years. Capitalization was carried out in 12 of 26 banks. Today, 5 banks have been added to watch list and they are under control. Capitalization program should be executed by the mid of the year. These processes caused creation of certain stabilization in the banking sector. We have been observing stabilization of non-performing portfolio of banks since last year. Troubled loans are not already observed, existing portfolio is getting older”, he added.

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THE OPERATION IS BEING PERFORMED