JSC Pasha Bank in the first three quarters of 2013 had a net profit of 7.21 million manat, which is 37.5 % less than the same period in 2012. The bank's earnings were equal to 54.06 million manat , expenses - 46.85 million manat, increasing respectively by 13.9 % and 30.2 %.
The assets decreased in January -September, up 7.3 % to 687.89 million manat. The volume of issued and corporations loans increased 29.6 % to 363.97 million manat.
Deposit portfolio decreased by 30.3 %, amounting to 318.32 million manat, including term client investments decreased by 36% to 123.97 million manat.
The total capital grew by 32.1 % higher than the 235.18 million manat, and the paid charter capital - by 45.2 % reaching 228 million manats. - 15B -
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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