For the first 3 months of 2016 loans of 20 million manat were granted by Capital Bank. The bank's loan portfolio as of April 1 of this year reached 1 billion 181.6 million manat.
Citizens and companies made deposits in the amount of 63 million manat. The deposit liabilities of the bank exceeded 1.1 billion manat. In addition, for three months, banks and other financial institutions increased deposits in Capital Bank by 223 million manat and brought the index to 613.6 million manat.
Since the beginning of the year the shareholders' equity of the bank increased by 18 million AZN and reached 290 million AZN, and the authorized capital reached 185 million AZN.
JSC Capital Bank is the largest bank in the country in the segment of clients and branch network. Pasha Holding Company owns 99.87% of its shares.
On May 27 a general meeting of shareholders will be held and it will distribute the profit for 2015. ----08D
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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