Assets of PASHA Bank made on July 1 this year were 656.48 million manat. The volume of loans increased in the first half of the year by 44.59 million or 16%, reaching 325.48 million manat.
The deposit portfolio amounted to 360.65 million manat. Of these, 121.79 million manat fell to urgent client investments.
The total assets increased by 1.9%, reaching 181.42 million manat, and the paid charter capital remained at the level of AZN 157 million.
The revenues and expenses of the bank equaled 32.35 million, respectively, and 28.42 million manat. The net profit amounted to 3.93 million manat. - 15B -
Economics
-
Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
-
Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
-
Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
-
Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
Leave a review