Total assets of non-bank credit organizations (FINCA) increased in January-June 2013 to 44 million or 11% reaching 445.49 million manat. The growth of this index for the 12 months totaled 80.72 million or 22.1%. The share of organizations financed by international humanitarian organizations, had 83.1% of the total value or 370.02 million manat.
According to the Central Bank, the authorized capital of operating on 1 July 2013 139 non-bank credit institutions reached 67.99 million manat, increasing for the first six months of 11.3%, and for the last year - by 31.8%.
Number of branches operating in the country since the beginning of FINCA has increased by 16 to 130. Most of all branches (32) are located in Aran economic region.
Compared with the end of 2012 the number of organizations funded by international humanitarian organizations has increased by 2 reached 30. They accounted for 90.7 percent of the available filialov.-15D--
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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