Avrasiya Bank's assets by the beginning of October fell by 1.3% (1 million 876.9 thousand manat), amounting to 135 million 728.9 thousand manat.
During the reporting period, the bank's liabilities decreased by 2 million 329.9 thousand manat (2.9%) and amounted to 77 million 598.7 thousand manat.
In September, the bank's assets amounted to 58 million 130.2 thousand manat (an increase of 0.78% or AZN 453,000).
The net profit without tax payments amounted to 6 million 696.5 thousand manat. -71D-
Economics
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The Azerbaijani government has adopted new guidelines to facilitate employment for individuals with special social protection needs and those facing difficulties in securing jobs. The resolution, approved on December 29 by the Cabinet of Ministers, outlines targeted programs aimed at job creation through public-private collaboration.
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The Cabinet of Ministers of Azerbaijan has approved new regulations to facilitate targeted employment programs aimed at supporting individuals with special social protection needs and those facing employment challenges. The measures, under the State Employment Agency, seek to enhance job creation in priority economic sectors.
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The Cabinet of Ministers of Azerbaijan has announced key amendments to various regulatory acts to ensure compliance with the law adopted on May 24, 2024, aimed at updating the Tax Code, the Customs Code, and laws on state duties and licensing.
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The Azerbaijani Cabinet has implemented significant changes to energy regulations in line with new laws aimed at enhancing the country’s electrical infrastructure. A decree signed by Prime Minister Ali Asadov on December 29 introduces amendments to several prior governmental decisions and cancels previous regulations, including a key rule on electricity production and equipment operation limits.
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