The assets of Azerbaycan Senaye Banki by October 1 of this year amounted to 407 767 840 manat (+ 20.2% on 1 January), while for the liabilities, including long-term, the amount is 336 064 860 manat.
As stated in the bank’s report, its loan portfolio grew by one third (+ 33.5%), reaching 162 208 960 manat. At the same time decreased the activity of private investors - the deposit portfolio "lost" by 11.4%, amounting to 210,250,330 manat.
The equity capital as for October 1, 2014 was 66,589,510 manat (+ 8.5%) at the constant authorized capital of 60 million manat.
The bank earned net profit of 3,914,190 manat.
JSC Azerbaycan Senaye Banki was founded as a joint investment bank CIBank with Turkish capital in 1996. Among the shareholders there are Ltd. Anadolu Investment Company - 94,2517%, Azerbaycan Senaye Sigorta - 5,1735% and LLC Azerbaycan Senaye Leasing - 0,5748%. --17D-
Economics
-
The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
-
Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
-
Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
-
Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
Leave a review