JSC Capital Bank in the first three quarters of 2012 made net profit before income taxes of 20.5 million manat, which is 5.1 times more than the figure recorded a year earlier. The bank's earnings were equal to 81 million manat and its expenditures were 60.5 million manat, increasing by 36% and 8.8%.
The assets increased during the year by 72.2% to 2.0628 billion manat. The volume of issued and corporate loans grew by 6.5% to 978.5 million manat.
The deposit portfolio increased compared to the same period last year by 88.6% to 460.1 million manat, including deposits of individuals that increased by 9.4% to 136.5 million manat.
The aggregate capital increased by 33.3% reaching 121.7 million manat, and the paid charter capital - by 25%, reaching 50 million manat. - 15B -
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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