AFB Bank's net profit for the first half of 2016 amounted to 2,604,353 AZN. In comparison with the similar period of 2015 there was growth of 2.78% (72,598 AZN).
The bank's assets for the reported period amounted to 301,620,945 AZN (compared to the same period in 2015 growth of 5% or 15,109,420 AZN).
The total liabilities of AFB Bank compared to the same period in 2015 increased by 5.8% (12,957,452 AZN), amounting to 222,589,789 manats.
The total capital of the bank for the first six months of 2016 increased compared to the same period last year by 2.7% (2,151,966 AZN) and amounted to 79,031,155 manats.
The bank's authorized capital is 70,393,455 manats. -----75D
Economics
-
Azerbaijan Airlines (AZAL) announced on Monday the launch of its first direct flights from Baku to Male, the capital of the Maldives, marking a milestone in the airline's history.
-
Azerbaijani Energy Minister Parviz Shahbazov arrived in Romania on Monday at the invitation of his Romanian counterpart, Sebastian-Ioan Burduja, to participate in the 8th meeting of the Ministers of Azerbaijan, Georgia, Romania, and Hungary. The meeting, scheduled to take place in Bucharest on September 3, 2024, is aimed at advancing the "Strategic Partnership Agreement" focused on the development and transfer of green energy.
-
President Ilham Aliyev of Azerbaijan and First Lady Mehriban Aliyeva on Monday reviewed the ongoing construction at the “Istisu” Medical and Recreation Complex in the Kalbajar district, a key project aimed at revitalizing the region's historic mineral water and health tourism industry.
-
As previously reported, SOCAR began gas supplies to Croatia on September 1.
Leave a review