The loan portfolio of JSC Yapi Kredi Bank Azerbaijan at the beginning of the second quarter amounted to 223.394 million manat (+ 2.3% as of 1 April last year). Total assets increased by 5.4% - up to 330.845 million manat. Liabilities of the bank were 263 377 000 manat (6.3%).
Deposit accounts with the bank "stored" 104,822,000 manats, of which the share of the population accounts for 43.5 million manat.
The bank's equity is 67,468,680 manats (2.2%) and the share capital is 46,810,700 manats. Net income amounted to 3,282,500 manats by April 1.
Closed Joint Stock Company Yapi Kredi Bank Azerbaijan was established in 1998 and in 2007 received the status of JSC.
Chairman of the Supervisory Board is Faik Achykalyn Hussein. Chairman of the Board is Altan Senturk.
Shareholders are three Turkish companies. - 17D-
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review