Assets of Ata Bank increased in January- September 2013, up 11.3 %, reaching 320.31 million manat. The volume of issued and corporations loans increased by 24.4 % to 234.42 million manat.
The total liabilities of the bank increased from 248.83 million to 279.07 million manat. The deposit portfolio increased by 11.5 % to 271.52 million manat, including term client investments increased by 16.9 % to 221.73 million manat.
The balance capital grew by 6.6 %, reaching 41.24 million manat, and the paid charter capital remained unchanged and totaled 27.99 million manat.
The bank's earnings were equal to 31.76 million manat and its expenses were 24.85 million manat. The net profit after tax amounted to 6.91 million manat. - 15B -
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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