The total assets of the banking system by February 1 amounted to 24 billion 837,700,000 manat (minus 344.8 million or 1.4% per month).
According to the report on the website of the Central Bank of Azerbaijan, to the beginning of the year this figure was at 25 billion 182,500,000 manat.
According to the CBA, credit investments of banks by 1 February amounted to 18 billion 20.3 million manat (+ 0.01%), and the shareholders' equity - 4 billion 269,700,000 manat (1.3%). --17D-
Economics
-
The INMerge Innovation Summit, organized by PASHA Holding, continued in Baku on Friday. The summit brought together leading industry leaders, startups, and investors in the fields of fintech, e-commerce, artificial intelligence, and digital business.
-
The Cabinet of Ministers of the Republic of Azerbaijan has approved a new regulation titled “Procedure for the Transfer of Regulatory Functions and Duties for Flight Safety Supervision,” aligning with the country’s obligations under international civil aviation agreements.
-
In September 2024, Azerbaijan experienced a noticeable increase in the Consumer Price Index (CPI), reflecting broader economic trends and the impact of various factors on the market. The CPI, a critical indicator of inflation, rose by 3.5% compared to the same month in 2023. This growth was driven by several components, including food and non-food products, as well as paid services provided to the population.
-
The shareholders of JSC "Saba" (Səba) have scheduled an extraordinary general meeting for October 28 at 15:00, where the main agenda item will be the liquidation of the joint-stock company and the formation of a liquidation commission, according to company announcements.
Leave a review