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of April 24, 2020 No. 16/1-2
About approval of "Rules of calculation of banking capital and its adequacy"
Based on article 22.0.17 of the Law of the Azerbaijan Republic "About the Central bank of the Azerbaijan Republic" the Board of the Central bank of the Azerbaijan Republic DECIDES:
1. Approve "Rules of calculation of banking capital and its adequacy" (are applied).
2. Cancel the "Rules of calculation of banking capital and its adequacy" approved by the Resolution of the abolished Chamber on supervision of the financial markets of the Azerbaijan Republic of November 16, 2018 No. 1851100015, and change in these rules approved by the Resolution of October 18, 2019 No. 1951100033.
2. Charge to Department of the right (Rena Melikova) to provide in three-day time submission of this Resolution to the Ministry of Justice of the Azerbaijan Republic for entering into the State register of legal acts of the Azerbaijan Republic.
Chairman of the Central bank
Elman Rustamov
Approved by the Resolution of Board of the Central bank of the Azerbaijan Republic of April 24, 2020 No. 16/1-2
1.1. These rules are developed according to Articles 21. 1, 34.2.1, 34.2.2 and 34.2.3 of the Law of the Azerbaijan Republic "About banks" (further - "Law").
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