Assets of AtraBank increased in January-June 2012 by 0.4% to 62.75 million manat. The volume of issued and corporate loans grew by 2.7% and amounted to 46.48 million manat.
The total liabilities of the bank decreased from 48.95 million to 48.79 million manat. Deposit portfolio increased by 12.4% to 21.53 million manat, including term client investments that increased by 22.3% to 17.98 million manat.
The balance capital grew by 2.9% to 13.96 bn and the total capital grew by 3.3% to 11.62 million manat. The paid authorized capital remained at 10.42 million manat.
The income and expenses of the bank were respectively 40.02 and 3.75 bn manat. The net profit after tax amounted to 263 million manat. - 15B -
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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