JSC AtraBank in the first three quarters of 2012 net profit after tax of $ 378 thousand manats, which is 15% more than recorded a year earlier. Bank's earnings were equal to 6.12 million manat, and costs - 5.74 million manat, increasing by 41.9% and 46.2%.
Assets increased in January-September, up 2.7% to $ 64.22 mln. The volume of issued and corporations loans fell by 0.2% to 45.16 million manat.
The total liabilities of the bank increased from 48.95 million to 50.1 million manat. Deposit portfolio increased by 23.1% to 23.62 million manat, including term client investments increased by 35.4% to 19.95 million manat.
Balance capital grew by 3.7% reaching 14.11 million manat, and the total capital - 3.5% higher than the 11.74 million manat, and the paid charter capital remained unchanged totaled 10.42 million manat. - 15B -
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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