JSC "Amrahbank" on the basis of 2012 had a net profit after tax of 2.07 million manat, which is 5.8 times more than the figure recorded a year earlier. Bank's earnings were equal to 17.23 million manat and expenditures - 15.16 million manat, increasing by 13.2% and 0.8%.
Assets increased during the year by 32.8% to 113.04 million manat. The volume of issued and corporations loans grew by 51.9% and amounted to 76.62 million manat.
The total liabilities of the bank increased from 63.73 million to 86.64 million manat. Deposit portfolio increased by 28% to 72.22 million manat, including term client investments increased by 25.4% to 43.52 million manat.
Balance capital reached 26.39 million manat. Aggregate capital increased by 22.7% to over 25.94 million manat, and paid charter capital - by 17.6% to 17.26 million manat. - 15B -
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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