OJSC Unibank increased its assets over the past year by 25% to 551.79 million manat. Lending to individuals and businesses increased by 29.2% and was equal to 374.99 million manat.
The total liabilities of the bank increased from 384.3 million to 485.11 million manat. Deposit portfolio increased by 44.8% to 314.85 million manat.
Balance capital reached 66.69 million manat. Aggregate capital increased by 5.6% slightly exceeded 64 million manat, and paid charter capital - by 37.2% to 61.57 million manat.
Bank's earnings were equal to 75.96 million manat and expenditures - AZN 65.26 million, an increase compared to 2011, respectively, 32.7% and 36.3%. Net operating profit increased by 20.2% to 10.69 million manat. - 15B -
Economics
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The Islamic Development Bank (IsDB) is stepping up its efforts to mobilize Islamic banking resources in the fight against climate change, President of the IDB Muhammad Sulaiman Al Jasser said on Thursday during a roundtable at COP29.
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Climate change poses a serious risk to global economic and financial stability, said Bo Li, Deputy Managing Director of the International Monetary Fund (IMF), at the event titled "Global Financial System: Scaling Up Climate Action Financing" held as part of COP29.
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Azerbaijan's banking sector has unveiled a comprehensive set of initiatives aimed at bolstering sustainable development, according to Zakir Nuriyev, President of the Azerbaijan Banks Association (ABA). Nuriyev outlined the plans during the second panel of the "Global Financial System: Expanding Climate Finance" event.
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Azerbaijan remains steadfast in its commitment to developing a sustainable green economy, according to Taleh Kazimov, Chairman of the Central Bank of Azerbaijan (CBA). Speaking at the COP29 event on Thursday titled “Global Financial System: Scaling Up Finance for Climate Action,” Kazimov emphasized the country's strategic focus on green development as part of its broader socio-economic agenda for 2030.
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