Total Capital of Banks in Azerbaijan Increased in September by 2.7 %
Total assets of Azerbaijani banks increased in September this year at 481.6 million or 2.5% to 19,400.5 million manat. From the beginning, bank assets grew by 17.4 % and for the year to 4,084.8 million or 26.7 %.
According to the Central Bank of Azerbaijan, credit investments as of October 1 totaled 14,401 million manat , an increase in the reporting month by 2.4 %. Over the past year, lending to the economy grew by 30.1 %.
Deposits in banks in September increased 147 million or 2.4 % to 6237.4 million manat. This figure since the beginning of the year grew by 21.9 %, and for 12 months - 37%.
The total capital of the banking sector has increased in the reporting month by 83.6 million or 2.7% amounting to 3160.2 million manat. During the year the figure rose to 862.9 million or 37.6 %. - 15B -
Economics
-
Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
-
Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
-
Croatian Prime Minister Andrej Plenković announced enhanced efforts by Croatia to protect the Adriatic Sea and advance renewable energy projects during his address at the COP29 summit in Baku on Wednesday.
-
Italian Prime Minister Giorgia Meloni on Wednesday called for collective action to limit global warming to 1.5 degrees Celsius during her address at the COP29 summit in Baku, emphasizing the need for a united response to the climate crisis.
Leave a review