JSC Ganjabank increased assets in the first half of this year by 35.8 % to 72.37 million manat. Lending to individuals and legal entities increased by 17.5 %, reaching 45 million manat.
Total liabilities of the bank increased from 35.35 million to 44.48 million manat. Deposit portfolio for the reporting portfolio increased by 0.8 percent to 5.81 million manat.
Balance sheet assets reached 27.89 million manat. The total capital grew by 85.4 %, exceeding the 26.28 million manat, and paid charter capital - by 78.7 % to 26.8 million manat.
As a result of activities in January -June, the bank had a net profit of 2.41 million manat. The first half of last year, the bank ended up with a loss of 818 thousand manats. -15D -
Economics
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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