![Assets of Demir Bank Fell by 2.2 % in January-July](https://turan.az/resized/./turan-750-500-resize.webp)
Assets of Demir Bank Fell by 2.2 % in January-July
BAKU/11.09.13/TURAN : Assets of Demir Bank fell in January -July of 2013 by 2.2 %, to 375.11 million manat. The volume of issued and corporations loans grew by 4.6 % and amounted to 286.19 million manat.
The total liabilities of the bank increased from 336.79 million to 327.74 million manat. The deposit portfolio increased by 3.5 %, amounting to 173.25 million manat, including term client investments increased by 6.3 % to 140.78 million manat.
Balance sheet assets reached 47.36 million manat, and paid charter capital remained unchanged at 20.98 million manat.
The bank's earnings were equal to 34.38 million manat , expenses - 32.24 million manat. Net profit after tax amounted to 2.14 million manat. - 15B -
Economics
-
On September 6, the State Oil Company of Azerbaijan (SOCAR) has announced a partnership with American oilfield services firm Halliburton to conduct research aimed at reassessing the hydrocarbon potential of the shallow-water section of the Guneşli field.
-
The Food Safety Agency of the Republic of Azerbaijan (AQTA) is advancing its process of incorporating foreign high-risk food and feed production facilities into its official registry, the agency announced on Friday.
-
Azerbaijan’s "Green Energy Zone" Working Group held its latest hybrid meeting to review the implementation of projects within the framework of the country's Social and Economic Development Strategy for 2022–2026, the Ministry of Energy reported on Wednesday.
-
The historic city of Shusha, with its rich cultural heritage, hosted the International Day of Gastronomy on Thursday, a vibrant event organized by the State Tourism Agency, the Shusha City State Reserve, and the National Culinary Center. This event served as a bridge between various cultures and culinary traditions, showcasing the richness of the Islamic world's cuisine through the celebration of the iftar table.
Leave a review