The assets of JSC NBC Bank by January 1 amounted to 138 million 106 thousand manat (+ 17.8%).
According to official information from the bank, its loan portfolio was at the level of 118 million 435 thousand (+ 24.3%) at the deposits of 58 million 39 thousand manat (+ 10.9%).
The bank's liabilities are equal to 87,090,000 manat (+ 13%). The equity capital as of 1 January was 51 million 15 thousand manat (+ 27%), and about the same (+ 27.4%) increased the authorized capital - up to 46 million 536 thousand manat.
The net profit at the end of activities in 2014 amounted to 1 million 460 thousand manat.
NBC Bank was established in December 1992 and now is part of the group of companies Nurgun Holding. --17D-
Economics
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Fitch Ratings has upgraded Azerbaijan’s long-term foreign currency issuer default rating (IDR) from “BB+” to “BBB-,” signifying an investment-grade status with a stable outlook. Despite this positive move, the agency highlighted several economic hurdles that could impact the country's progress.
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The number of overnight stays in hotels and hotel facilities in Azerbaijan surged by 35.8% in the first half of 2024 compared to the same period in 2023, reaching 1.851 million, according to the State Statistics Committee of Azerbaijan.
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Azerbaijan will unveil a unified electronic portal for real estate early next year, according to Nigar Alimova, Chairman of the Board of the State Cadastre and Real Estate Register at the State Property Service of the Ministry of Economy.
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AzerGold CJSC’s sorption leaching plant, located at the Chovdar Integrated Regional Processing Site (CHIRUP) in Dashkesan district, has commenced full-scale operations, the Ministry of Economy announced.
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