The assets of JSC Unibank increased 14.1% and made up 844,020,000 manat by January 1.
According to the financial structure, the loan portfolio is 711,140,000 manat (+ 19%) and the deposits are 475,030,000 manat (+ 13.2%), including deposits of the population at 427,580,000 manat (+ 14%).
The liabilities, including long-term ones, are 712,780,000 manat (+ 12.3%).
The authorized capital of the bank by January 1 was unchanged at 70 million 565.23 thousand manat, and the equity was 131 million 239.3 thousand manat (+ 25.1%).
The bank had a net profit of 38 million 985 thousand manat.
JSC Unibank was created in October 2002. The main part (66.21%) of the authorized capital is owned by individuals, and 33.79% - by legal entities, including 12.15% of EBRD and 6.68% of German DEG. --17D-
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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