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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Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
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The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
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