Capital of Azerbaijan Industrial Bank Rose by 2.17%
Azerbaijan Industrial Bank (Azerbaijan Senaye Banki) assets rose by 0.67% in the third quarter of 2016 (4 million 247.880 thousand manat), amounting to 636 million 406.150 thousand manat.
According to Turan, during the reporting period, the bank's liabilities amounted to 552 million 586.070 thousand manat (an increase of 0.44%, or 2 million 462.229 thousand manat).
In the third quarter, the bank's capital increased by 1 million 785.660 thousand manat (2,17%), amounting to 83 million 820.090 thousand manat.
During this period, the bank's profit amounted to 5 million 991.670 thousand manat. -----71D
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review