The assets of Pasha Bank, by December 1 amounted to 1 billion 159,910,000 manat (+ 85.24 million in November).
As stated in the financial structure, at the end of November 2014 the return on its equity (RoE) was 10%, a record figure for the same this position (18%) was recorded in February of this year. Return on assets (RoA) in November was estimated at 1%.
The equity capital by December 1 (per month) increased from 341.68 million to 342,350,000 manat at the constant authorized capital of 333 million manat.
The profit before tax stood at 24.28 million manat. The net profit is equal to 13,730,000 manat. --17D-
Economics
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On September 6, the State Oil Company of Azerbaijan (SOCAR) has announced a partnership with American oilfield services firm Halliburton to conduct research aimed at reassessing the hydrocarbon potential of the shallow-water section of the Guneşli field.
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The Food Safety Agency of the Republic of Azerbaijan (AQTA) is advancing its process of incorporating foreign high-risk food and feed production facilities into its official registry, the agency announced on Friday.
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Azerbaijan’s "Green Energy Zone" Working Group held its latest hybrid meeting to review the implementation of projects within the framework of the country's Social and Economic Development Strategy for 2022–2026, the Ministry of Energy reported on Wednesday.
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The historic city of Shusha, with its rich cultural heritage, hosted the International Day of Gastronomy on Thursday, a vibrant event organized by the State Tourism Agency, the Shusha City State Reserve, and the National Culinary Center. This event served as a bridge between various cultures and culinary traditions, showcasing the richness of the Islamic world's cuisine through the celebration of the iftar table.
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