Assets of Rabitabank increased in January-September 2012, by 13%, reaching 148.16 million manat. The volume of issued and corporations loans grew by 15% to 103.59 million manat.
The total liabilities of the bank increased from 114.02 million to 122.09 million manat. The deposit portfolio increased 9.1% to 83.88 million manat, including term client investments that increased by 2.3% to 63.32 million manat.
The balance capital reached 26.06 million manat. The aggregate capital increased 46.7% to 24.47 million manat, and the paid charter capital grew by 60.7% to 21.61 million manat.
The income and expenses of the bank were respectively 13.49 million and 12.55 million manat. The net profit after tax amounted to 527 thousand manat. - 15B -
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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