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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Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
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The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
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