Assets of Uni Bank in the third quarter of 2016 compared to the second quarter decreased by 7.2% (56 million 538 thousand manat), amounting to 727 million 674 thousand manat.
During the reporting period, the bank's liabilities decreased by 61 million 910 thousand manat (8.5%) and account for 658 million 561 thousand manat.
Growth of the capital of Uni Bank in the third quarter amounted to 5 million 372 thousand (8.4%), amounting to 69 million 113 thousand manat.
Uni Bank has been operating since 1992. The bank's authorized capital is 70 million 565.232 thousand manat. ----71D
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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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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