The assets of the insurance company Bashak Inam for the first half of 2016 amounted to 8,531,672 AZN. In comparison with the beginning of the year, the assets decreased by 6.8% (627,831 AZN).
During the reporting period, the capital of the insurance company decreased by 3.3% (270,619 manats) and totaled 7,778,527 AZN.
The liabilities of Bashak Inam for the first six months of this year decreased to 753,144 AZN (32.1% - AZN 357,212).
In the first half of the year the company’s net profit amounted to 294,362 manats.
Bashak Inam was created in 1996. Its shareholders are five legal entities and 17 individuals. -----71D
Economics
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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.
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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.
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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.
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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.
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