Deposit portfolio of Azer-Turk Bank decreased during the 9 months of this year by 5.6% to 29.79 million manat, including term client investments that decreased by 33.5 percent to 13.5 million manat.
Loan portfolio as of October 1 totaled 49.62 million manat, of which 21.68 million manat fell on consumer loans individuals. The share of overdue loans in the total portfolio, compared with the beginning of the year increased by 0.90 percentage points, to 6.73%, and in the portfolio of consumer loans - by 0.70 percentage points to 2.6%.
Balance capital of the bank in January-September decreased by 2.3% to 13.36 million manat. Total and authorized capital of the bank amounted to 13.29 million and 11.62 million manat. -15B -
Economics
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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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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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