Assets of Local Banks Brought to 28 Billion 850.3 Million Manat
By April 1, the total assets of domestic banks amounted to 28 billion 850.3 million manat.
As stated in the accounting report of the Central Bank of Azerbaijan published on the website of the Central Bank of Azerbaijan, it is 14.6% more than at the beginning of the year (25 billion 182.5 million AZN).
Of these funds, equity accounted for 4 billion 440 100 000 manat (+ 4%), the greater part of assets is loan portfolio (20 billion 72.8 million manat or plus 11.4% YTD). --17D-
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- Economics
- 8 May 2015 14:45
Economics
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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.
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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.
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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.
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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.
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