In 2016, Yapi Kredi Bank in comparison with 2015 reduced its assets by 7.23% or 34 million 557 thousand manat to 443 million 90 thousand manat.
During the reporting period the bank's liabilities decreased by 17 million 525 thousand manat, or 4.27%, to 392 million 165 thousand manat.
The bank has 70 million 710 thousand manat of deposits.
The bank's capital during this period decreased by 17 million 33 thousand manat or 25% to 50 million 924 thousand manat.
Yapi Kredi Bank completed 2016 with a loss of 10 million 327 thousand manat.
The bank's authorized capital is 46 million 810 thousand manat. 71D
Economics
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BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
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In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
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BP, on behalf of its partners in the Azeri-Chirag-Gunashli (ACG), Baku-Tbilisi-Ceyhan (BTC), Shah Deniz, and South Caucasus Pipeline projects—including SOCAR, TPAO, LUKOIL, SGC, NICO, MOL, INPEX, ExxonMobil, ITOCHU, ONGC Videsh, Eni, MVM, and TotalEnergies—has announced the successful conclusion of the latest round of the "Skills for the Future" educational project, launched in 2023.
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BP-Azerbaijan, the operator of Azerbaijan's flagship Shah Deniz gas field, has unveiled plans for the construction of a new platform, marking a significant step forward in the development of the field. This project is effectively a third phase in the exploitation of one of the Caspian Sea's largest energy reserves.
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