The assets of JSC Capital Bank at the end of last year amounted to 1 billion 380 million 76.79 AZN (+ 30.9%).
According to the information on the website of the bank, the amount of its loan portfolio as of 1 January was 905 million 109 thousand manat (+ 31.4%). Obligations of the bank are 1,094,840,000 manat (+ 24.9%).
Equity of the bank to the top of this year amounted to 285 million 233 thousand manat (+ 60.4%) with a charter capital of 185,850,000 manat (increased 2.3 times).
The bank had a significant net profit - 65 million 891 thousand manat.
JSC Capital Bank (former Savings Bank) is the oldest financial agency of the country, serving for 140 years. Its dominant shareholder is Pasha Holding (99.84%), while individuals have 0.16%. --17D-
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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