Assets of "Pasha Bank" increased in January-August of this year by 7.5%, reaching 613.32 million manat. The volume of issued and corporate loans grew by 25% to 306.62 million manat.
The deposit portfolio amounted to 335.6 million manat, of which 178.32 million manat was term client investments that increased in the reported period by 12.42 million or 7.5%.
The aggregate capital increased by 25% over 178.22 million manat, and the paid charter capital - by 27.1% to 157 million manat.
The bank's earnings were equal to 38.5 million manat and the expenditures - 26.6 bn, an increase compared to the same period last year by 42% and 64.6%. The net income increased by 5.4% to 11.94 million manat.
The total number of issued active cards increased for eight months in 2012 by 3,005 units or 2.7 times to 4,810 units. During the reported period, the bank mounted two additional ATMs, bringing the total number of the equipment up to 11 units. - 15B -
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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