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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Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
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