Assets of Access Bank in the third quarter of 2016 decreased compared to the beginning of the year by 11.3% (134 million 709 thousand manat), amounting to 1 billion 54 million 88 thousand manat.
The obligations of the bank during the reporting period decreased by 60 million 498 thousand manat (5.8%) and accounted for 970 million 59 thousand manat.
The deposits of Access Bank decreased by 10 million 635 thousand manat (3.8%) and amounted to 269 million 177 thousand manat.
The debt of the bank to the Central Bank of Azerbaijan increased from 20 million to 30 million manat from the beginning of the year.
The capital of Access Bank for the reporting period amounted to 84 million 29 thousand manat (a decrease of 46.9% - 74 million 211 thousand manat). ----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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