The assets of Amrah Bank in 2016 decreased by 47 million 878.952 thousand manat compared to 2015, or 15.7%, amounting to 256 million 223.844 thousand manat.
During this period the bank's liabilities decreased by 48 million 500 thousand 432 manat or 19.2% to 202 million 844 thousand 781 manat.
During the reporting period, deposits in the bank fell from 155 million 161 thousand 046 to 141 million 384 thousand 546 manat (8.87%).
In 2016, the capital of Amrah Bank in comparison with 2015 grew to 53 million 379 thousand 063 manat (an increase of 621 thousand 480 manat or 1.17%). -----71D
Economics
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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