By January 1, the deposit portfolio of JSC Bank Avrasiya was at the level of 29 million 195.7 thousand manats (+ 82.1% YoY).
The bank's assets grew by 28.6% - up to AZN 123.3 million, with the loan portfolio at the level of AZN 79.97 million (+ 36.5%). The liabilities were 72 million 158.4 thousand manats (+ 62.3%).
Shareholders' equity at the end of the year was 51.16 million manat (minus 0.5%), and the share capital was 50 million 2.5 thousand AZN (+ 6.4%).
The bank worked with a net profit of 510.2 thousand manats.
JSC Bank Avrasiya began to work on November 28, 2007. Fuad Aslanov heads the Supervisory Board, while Rufat Kerimov heads the Board. --17D-
Economics
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
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The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Medium Business Development Agency (KOBIA) reported on Monday.
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In 2025, Azerbaijan's information security and digital infrastructure remain under pressure, as experts highlight the absence of a National Internet Exchange Point (IXP). Osman Gunduz, head of the NGO Multimediya, has renewed calls for the Information and Communication Technologies Agency (İKTA) to spearhead the creation of a Milli İnternet Mübadilə Mərkəzi (National Internet Exchange Centre) in collaboration with key local providers Azertelecom, Delta Telecom, AzTelekom, and global industry leaders.
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