Loss of Bank BTB amounted to AZN 1 million 962 thousand in the third quarter of 2016.
Bank BTB has a debt of 34 million 368 thousand manat to CBA.
The assets of the bank in the third quarter of 2016 compared to the beginning of the year increased by 12.8% or 27 million 26 thousand manat and totaled 237 million 289 thousand manat.
The bank's liabilities during the reporting period increased by 38 million 209 thousand manat (23.9%) and amounted to 197 million 953 thousand manat.
Deposits in the bank are equal to 53 million 780 thousand manat, of which 48 million 138 thousand manat is in foreign currency.
Demand deposits of legal entities amount to 2 million 129 thousand, and those of individuals amount to 4 million 453 thousand manat.
Term deposits of individuals make up 47 million 196 thousand manat.
The bank’s capital in the third quarter was equal to 39 million 336 thousand manat. ------71D
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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