12:02 - 24.05.2023

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May 24, Fineko/abc.az. In 2022, other revenues to the State Budget of Azerbaijan amounted to AZN 546.8 million.

ABC.AZ reports with reference to the Accounts Chamber that state-owned companies and credit organizations with a governmental stake in the capital in 2022 paid dividends to the State Budget of Azerbaijan for totally AZN 130.656 million (2.9% more than in 2021).

At that, in 2022, the plan on dividend payments from state-owned companies and credit institutions was fulfilled by 122.7%.

According to the report, last year the Azerbaijan International Bank paid dividends in the amount of AZN 120.5 million, Azerbaijan Caspian Shipping Company (ASCO) – AZN 10 million, and non-bank credit organization Aqrarkredit – AZN 200,000.

The Chamber notes that dividend receipts from Azer-Turk Bank were planned for 2022: "It was planned that Azer-Turk Bank would pay dividends to the state in the amount of AZN 1.5 million in 2022. Following 2021, bank's net profit totaled AZN 554,000, but it was decided to direct these funds not to pay dividends, but to strengthen bank's capital positions."