The total assets of Avrasiya Bank on the results of July 2016 amounted to 130,365,300 manats, the bank’s monthly report said. Compared with June, the total assets grew by 2.63% (3,441,600 AZN).
The bank’s general obligations rose to 73,527,500 manats in July (an increase of 2.44% - 1 million 796 thousand manats).
The bank’s total capital compared to June rose by 2.89% (1,645,500 AZN), amounting to 56,837,700 manats.
The bank's authorized capital is 50 million AZN. -----74D
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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