Assets of Ata Bank decreased by 125 million 727 thousand manat or 21% in 2016 compared to 2015, to 472 million 541 thousand manat.
According to Turan, for the specified time the bank liabilities decreased by 130 million 520 thousand manat, or 24%, to 412 million 730 thousand manat.
The volume of bank deposits is 269 million 591 thousand manats, including call deposits of individuals that make up 24 million 662 thousand manat and those of legal entities - 40 million 536 thousand manat.
Timed deposits of individuals are 203 million 142 thousand manat, and those of legal entities are 1 million 250 thousand manat.
Ata Bank’s debt to the Central Bank of Azerbaijan is 10 million manat.
The bank's capital for the reporting period increased by 4 million 794 thousand manat, or 8.71%, to 59 million 811 thousand manat.
In 2016, the bank had a profit of 340 thousand manat. --71D
Economics
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
-
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.
-
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.
Leave a review