JSC NBC Bank has reported for January-September 2015. So, its loan portfolio in January rose by 4.8% - up to 124 million 118 thousand manat with obligations, including long-term ones, of 100 million 67 thousand manats (+ 14.9%).
Located on deposit accounts is 70 million 630 thousand manats (+ 21.7%). The assets amount to 151 million 191 thousand manats (+ 9.5%).
The equity as of 1 October was at 51 million 124 thousand manats (+0.2%). The authorized did not change since the beginning of the year, amounting to 46 million 536 thousand manats.
Since all revenues were spent on maintenance of activity, there were no profits for the three quarters.
JSC NBC Bank was established in December 1992. The head of the Supervisory Board is Fuad Ganbarov, and the Chairman of the Board is Elchin Mammadov. --17D-
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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