Assets of Ata Bank in the third quarter of 2016 compared to the beginning of the year decreased by 19.8% (118 million 820.074 thousand manat) and made up 479 million 448 thousand manat.
The bank's liabilities for the period decreased by 140,312,598 manat (25.8%), amounting to 402 million 938 thousand manat.
The bank's liabilities include deposits of 252 million 30 thousand manat. Demand deposits of individuals are 16 million 166 thousand, and those of legal entities are 41 million 946 thousand manat.
Term deposits of individuals amount to 192 million 397 thousand, and those of legal entities are 1 million 520 thousand manat.
The debt of Ata Bank to the Central Bank is 10 million manat.
The bank's capital for the reporting period rose to 76 million 510 thousand manat (growth - 39% - 21 million 493 thousand manat).
In the third quarter, the bank showed a profit of 15 million 61 thousand manat. ----71D
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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