Assets of Azerbaycan Kredit Banki has decreased during the past year by 16.9% to 21.87 million manat. Lending to individuals and businesses decreased 17.2% to 20.19 million manat.
The total liabilities of the bank for the period declined from 18.27 million to 17.7 million manat. The volume of customer accounts increased 22.9% to 9.08 million manat.
Balance capital for the period decreased 42.5% to 4.17 million manat, and paid charter capital remained at 11.43 million manat. -15D -
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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