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Bank Respublika increased over the first three quarters by 22.6%
Assets of "Bank Respublika" increased in January-September 2012 to 22.6%, reaching 385.04 million manat. The volume of issued and corporations loans grew by 32.3% to 222.33 million manat.
The total liabilities of the bank increased from 256.39 million to 324.98 million manat. Deposit portfolio increased by 26.1% to 207.88 million manat, including term client investments increased by 4.2% to 66.56 million manat.
Balance capital grew by 4.3% to 60.06 mln and total capital - 1.1% higher than the 60.98 million manat. Paid authorized capital remained at 37.46 million manat.
Income and expenses of the bank were respectively 12.87 million and 9.23 million manat. Net profit after tax amounted to 3.64 million manat. - 15B -
Economics
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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