The net profit of JSC AtaBank by the results of January-September 2014 amounted to 7,810,800 manat. The assets in this financial structure increased from the beginning of the year by 22.3% and amounted to 458,640,000 manat.
The loan portfolio at October 1, 2014 was 319,170,000 manat (+39.2%) with liabilities equal to 396,150,000 manat (21.2%). The deposit portfolio of the bank at the end of the reported period amounted to 261,760,000 manat, including deposits of the population - 121 130 000 manat.
The net capital is 62,488,200 manat (+ 29.9%) with the charter capital of AZN 44,500,700 (+18.7%).
AtaBank JSC was established in 1994 and is part of AtaHolding. --17D-
Economics
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The State Oil Company of Azerbaijan (SOCAR) and Subsea7, a global leader in offshore engineering and construction, are exploring further collaboration on new projects in the Azerbaijani sector of the Caspian Sea. During a meeting between SOCAR President Rovshan Najaf and Subsea7 CEO John Evans, the two sides discussed the potential for Subsea7’s technological innovations to play a role in upcoming ventures. They also considered other areas of mutual interest for both companies.
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According to the State Customs Committee and the State Statistics Committee, Azerbaijan saw a significant increase in meat imports during the first nine months of 2024, amid more modest growth in domestic production.
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The event "Sustainable Transport of the Future" is being held in Baku on Wednesday, organized with the support of Azerbaijan Railways CJSC, aimed at promoting the concepts of sustainable transport that minimizes environmental impact. The event highlights environmentally friendly transportation options, such as walking, cycling, green public transport systems, and eco-friendly vehicles, all contributing to the reduction of greenhouse gas emissions.
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On October 23, 2024, the 3rd Conference of Energy Ministers within the framework of the "One Belt, One Road" (OBOR) initiative opened in Qingdao, China. Energy ministers from around the world gathered to discuss critical issues related to global energy security, the transition to clean energy, and innovations in the sector.
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