The deposit portfolio of Gunay Bank increased in January-September this year, up 30.9% to 12.26 million manat, including term client investments increased by 19% to 9 44 million manat.
The bank's assets during the first three quarters of 2012 increased to 37.76 million manat. Lending to individuals and businesses increased by 30.7% and was equal to 35.03 million manat.
Balance capital grew by 2.8% to 14.83 million manat. The aggregate capital was 11.41 million manat and the paid charter capital remained at 13.02 million manat.
The income and expenses of the bank were respectively 1.4 million and 2.37 million manat. -15B -
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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