Operations with Deposit Accounts Reduced
According to the Central Bank, last year at 13.23% decreased income on deposit accounts of individuals and entities of local private banks, reaching 1 billion 535 million 994 thousand manat, but there is a growing income on granted loans - 4 billion 429 million 563 thousand manat (+ 29.38%).
At the same time payments from deposit accounts of individuals and legal entities in 2014 amounted to 1 billion 42 million 135 000 manat (a decline of 11.51%) and payments on loans - 4 billion 574 887 000 manat (an increase of 8.33%).
In the emission policy of CBA there is also a significant difference - in 2014 it stood at 187 million 546 thousand manat compared to 1 billion 255 610 000 manat a year earlier. The total cash coming to the bank last year amounted to 42 billion 411 million 764 thousand manat (+ 10.4%) in cash, including proceeds from legal entities - 10 billion 859,910,000 manat (+ 21.23%), from individuals - 3 billion 137 million 584 thousand manat (+ 3.41%), income from operations of banks with individuals and legal entities - 24 billion 668 450 000 manat (+ 3.68%), etc.
Almost at the same level was the cash expense - 42 billion 145 million 775 thousand manat (+ 6.31%), where operations through ATMs were 11 billion 677 640 000 manat (+ 15.92%). --17D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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