Assets of JSC AtaBank by July 1 of this year amounted to 397.688 million manat (+ 6.1% at the beginning of the year).
According to the financial structure of the loan portfolio reached AZN 255.371 million (+ 11.3%), and total liabilities - 340.71 million manat (4.3%).
Deposit portfolio in the first half was at 257.885 million manat (minus 6%) - it is noteworthy that the population began to take deposits - in six months recorded minus 10.5% - up to 171.33 million manat.
The bank's equity as of 1 July was at 56,977,550 manat (+ 18.4%), while the authorized capital has not changed since January - 37,500,700 manat.
AtaBank established in 1994 and is part of the investment AtaHolding. --17D-
Economics
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
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The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Medium Business Development Agency (KOBIA) reported on Monday.
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In 2025, Azerbaijan's information security and digital infrastructure remain under pressure, as experts highlight the absence of a National Internet Exchange Point (IXP). Osman Gunduz, head of the NGO Multimediya, has renewed calls for the Information and Communication Technologies Agency (İKTA) to spearhead the creation of a Milli İnternet Mübadilə Mərkəzi (National Internet Exchange Centre) in collaboration with key local providers Azertelecom, Delta Telecom, AzTelekom, and global industry leaders.
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