Assets of Capital Bank in January-July 2013 decreased by 2,174.12 million or three times prior to 1065.9 million manat. The loan portfolio decreased by 967.9 million or 2.3 times to 761.6 million manat. According to the bank, decline was observed in the loan portfolio, due to the payment of loans under the large-scale projects.
According to the bank's deposit portfolio for the period decreased by 15.53 million or 2.9% to $ 521.9 million manats, including household deposits decreased by 269.3 million or 3.5 times to 108.9 million manat.
Revenues and expenses of the bank equaled 70.4 million, respectively, and 55.1 million manat. The profit amounted to 15.3 million manat. - 15B -
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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