JSC Bank Standard on the results of operations for the first six months of 2013 was at a loss of 3.35 million manat. The bank's earnings were equal to 43.13 million manat and the expenditures were AZN 46.48 million, an increase compared to the same period last year by 30.6% and 14.3%.
The assets of the bank amounted to 902.42 million manat. The loan portfolio increased to 621.66 million manat, while the consumer loans decreased by 23.3% to 107.29 million manat.
The total liabilities of the bank increased from 742.12 million to 849.37 million manat. The deposit portfolio amounted to 606.55 million manat, of which 495.95 million manat was time deposits.
The balance capital decreased by 7.3% to 53.06 million manat, and the paid charter capital remained at the level of AZN 75 million. - 15B -
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review