In the first 11 months of 2016 Bank Avrasiya showed a profit of 5 million 319 thousand manat.
During the reporting period the bank's assets increased by 18 million 663 thousand manat (15.6%), amounting to 138 million 34 thousand manat.
The bank’s liabilities in January-November 2016 reached 81 million 160 thousand manat (an increase of 14 million 518 thousand manat or 21.7%).
Deposits from the customers for the specified time increased by 10 million 249 thousand manat (36%) to 38 million 688 thousand manat.
The bank’s capital amounted to 56 million 874 thousand manat with growth of 4 million 146 thousand manat or 7.8%. --71D
Economics
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Azerbaijan’s corporate sector needs to develop an appropriate system for assessing employees, according to Jalal Gasimov, CEO of PASHA Holding. Speaking at the Human Development Forum in Baku, Gasimov emphasized the importance of moving beyond merely evaluating employees based on performance outcomes.
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The launch of the Azeri Central East (ACE) platform in Azerbaijan's Caspian Sea shelf marked an important milestone for BP in 2024, said BP CEO Murray O'Kinkloss on February 11, presenting the company's 2024 report.
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Cargo transportation along the Middle Corridor (Trans-Caspian International Transport Route, TMTM) reached a record 3.3 million tons in 2024, marking a 20% increase year-on-year, according to the Secretary General of the International Association "Trans-Caspian International Transport Route" Khaydar Abdikerimov.
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Azerbaijan’s national carrier AZAL and Israel’s El Al Airlines have announced a new partnership under a codeshare agreement, allowing passengers of both airlines to access joint flights, the carriers said in a statement on Sunday.
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