The assets of JSC AtaBank as of Aug. 1 totaled 395.3 million manat (+ 5.4%, or 20.4 million. YTD).
As they say in today's communication structure, it increased its total loan portfolio (+ 9.8%), reaching 265.5 million manat. At around 250 million manat stood the term deposit portfolio (+2.4% YTD).
The most important thing - the bank almost brought charter capital up to the minimum required by the Central Bank (50 mln. manat by the end of 2014). Compared to last year this figure rose by 18.7% to 44.5 million manat.
JSC AtaBank with 25 branches and offices throughout the country, operating since 1993. Of these, 12 are located in the capital, and the rest in cities such as Ganja, Sumgait, Khachmaz, Yevlakh, Mingachevir, Shamkir, Goychay, Shirvan, Lankaran and Naftalan. --17D-
Economics
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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.
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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.
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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.
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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.
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