The total loan portfolio of Azerbaijan Senaye Banki (ASB) amounted to 168 million 777.55 thousand manats last year (+0.9% to the end of 2014).
The share of investment in industry amounted to 42.2% or 71 million 168.15 thousand manats (+5.2% per year). Individuals were allocated 14 million 948.83 thousand mantas and agricultural industry representatives were allocated 18 million 415.08 thousand manats. Trade and services were invested 52 million 467.43 thousand manats and the construction sector was invested 7 million 539.38 thousand manats.
JSC Azerbaijan Senaye Bank» with a capital of 71 million 584.08 thousand manats was founded in 1996. The main shareholder is LLC Anadolu Investment Company with 94.2517% of the shares. OJSC Azerbaijan Senaye Sigorta has 5.1735%, and LLC Azerbaijan Senaye Leasing has 0.5748%. The authorized capital is 60 million AZN. --17D-
Economics
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
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The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Medium Business Development Agency (KOBIA) reported on Monday.
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In 2025, Azerbaijan's information security and digital infrastructure remain under pressure, as experts highlight the absence of a National Internet Exchange Point (IXP). Osman Gunduz, head of the NGO Multimediya, has renewed calls for the Information and Communication Technologies Agency (İKTA) to spearhead the creation of a Milli İnternet Mübadilə Mərkəzi (National Internet Exchange Centre) in collaboration with key local providers Azertelecom, Delta Telecom, AzTelekom, and global industry leaders.
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