Assets of JSC Azerbaycan Senaye Banki (ASB) during the first quarter increased by 13.1 %, amounting to 1 April 383 534 430 manat.
As stated in the financial structure of the bank's loan portfolio is 44 840 126 manat ( 3.7 %). Deposit portfolio is 280 708 420 manats ( 18.3 %).
The bank's equity by the end of the first quarter amounted to AZN 63,159,120 ( 2.9 %) , which more than meets the requirements of the Central Bank. Net income for the three months ASB 2014 is 402,550 manat.
JSC Azerbaycan Senaye Banki founded as a joint venture investment bank CIBank with Turkish capital in 1996.
Controlling stake is at LLC Anadolu Investment Company – 94.2517%. Other shareholders: JSC Azerbaycan Senaye Sigorta with 5.1735 % and LLC Azerbaycan Senaye Leasing - 0,5748%.
Chairman of the Supervisory Board is Zeinab Konyar. Chairman of the Board is Huseyin Ozmen. - 17D-
Economics
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
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