The assets of Bank Capital for the first three quarters of 2016 compared to the beginning of the year increased by 39.1% (790 million 10 thousand manat), amounting to 2 billion 807 million 376 thousand manat.
During the reporting period, the bank's liabilities increased to 2 billion 537 million 902 thousand manat (47.1% or 812 million 908 thousand manat).
The debt of Bank Capital to the Central Bank for the period fell to 81 million manat (80% - 331 million 322 thousand manat).
The bank's capital decreased by 7.8% (22 million 899 thousand AZN) to 269 million 473 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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