Expressbank OJSC issued a statement on the results of last year - its assets on 1 January were at the level of AZN 321.8 million. The volume of the total loan portfolio was AZN 275.2 million (+ 16.6% YoY).
Deposit accounts were 123.7 million AZN and 79.6 million manat (+ 27.2%) of that was contributions of the population.
The total capital was 138,700,000 manats.
OJSC Expressbank was created in 1989. The customer service network consists of 18 branches, two thirds of which are located in Baku and Sumgayit.
The head of the Supervisory Board is Fakhraddin Baghirov and the Chairman of the Board is Emin Mammadov. Its shareholders are 4 legal entities, including the company ADOR (42% of the equity) and LLC Azenco Group (40%). --17D-
Economics
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The volume of cargo transported along the Trans-Caspian International Transport Route (TITR) surged by 62% in 2024, reaching 4.5 million tonnes, Kazakhstan’s Prime Minister Olzhas Bektenov said during talks with his Georgian counterpart Irakli Kobakhidze on Wednesday, according to the Kazakh government’s press service.
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Azerbaijan’s Small and Medium Business Development Agency (KOBİA) held a Supervisory Board meeting on Monday, chaired by Economy Minister Mikayil Jabbarov, to review the agency’s 2024 performance and set priorities for 2025.
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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