JSC Bank BTB has published the annual financial and administrative report (https://goo.gl/9sAiou) for 2015, according to which Nigar Mehdiyeva’s bank suffered a loss of 1 million 635 thousand manats.
At the beginning of the year, the bank’s total capital (50.5 million manat) corresponded to the minimum requirement of the Central Bank. Over the past year the bank's assets grew by 48.6% and exceeded 210 million manats.
During 2015 the credit portfolio of JSC Bank BTB grew by only 2.3 million manats, reaching 102.6 million manats. At the same time the bank’s deposits increased by 42.2% and made up 96.6 million mantas b y the beginning of 2016.
In 2014, the bank's net profit amounted to 1.8 million manats.
JSC Bank BTB has been operating since 2010 and has three shareholders, who are natural persons. -----08D
Economics
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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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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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