Assets of Azerbaycan Senaye Banki (ASB) on January 1, 2015 amounted to 419 613 480 manat (+ 23.7% at the beginning of last year).
According to the information of the financial structure, its loan portfolio increased by exactly one third (161 620 030 manat) in attracting deposits in the amount of 218 103 010 manat (minus 8.1%).
Equity capital as of 1 January of this year amounted to 73,444,750 manat (+ 19.7%) at constant authorized capital of 60 million manat.
Net profit of ASB in the last year amounted to 5,835,650 AZN.
JSC Azerbaycan Senaye Banki was founded in 1996. The owner of the main unit (94.2517%) is Anadolu Investment Company. Small shares belong to two entities. --17D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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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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