BAKU/23.12.13/TURAN : Assets of Xalq Bank increased in January-November 2013 by 50 % to reach 1,282.42 million manat. The volume issued to individuals and legal entities grew by 51.2 % and amounted to 992.79 million manat.
The total liabilities of the bank increased from 652.84 million to 1,064.16 million manat. The deposit portfolio increased by 63 %, amounting to 853.62 million manat, including term client investments increased by 49.1 % to 543.81 million manat.
The equity capital amounted to 218.26 million manat. The aggregate capital increased by 7.8 % higher than 206.34 million manat and the paid charter capital - by 8.6 % to 183.69 million manat.
The bank's earnings equaled 70.02 million manat and its expenditures were 58.64 million manat. The net profit after tax amounted to 11.38 million manat. - 15B -
Economics
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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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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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