The assets of Bank of Azerbaycan increased in January-October 2012 by 25.8% to 234.37 million manat. The volume of issued and corporate loans grew by 36.8% and amounted to 181.12 million manat.
The total liabilities of the bank increased from 164.86 million to 204.18 million manat. The deposit portfolio increased by 33.8% to 137.63 million manat, including term client investments that increased by 35% to 74.99 million manat.
The balance capital reached 30.19 million manat. The aggregate capital increased 32.1% to 32.08 million manat, and the paid charter capital - 15.5% to 38.7 million manat.
The i Income and expenses of the bank were respectively 18.63 million and 15.97 million manat. The net profit after tax amounted to 2.66 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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