BAKU/06.09.13/TURAN : JSC BTB Bank for the first half 2013 had a net profit after tax of 2.47 million manat, which is 13.7 times more than the same period in 2012 . The bank's earnings were equal to 9.27 million manat, and expenses - 7.69 million manat, increasing respectively by 72.2 % and 45.3 %.
Assets increased in January -June, up 17.6 % to 107.85 million manat. The volume of issued and corporations loans grew by 15% and amounted to 95.19 million manat.
The total liabilities of the bank increased from 73.65 million to 87.84 million manat. The deposit portfolio increased by 16 % to 49.92 million manat, including term client investments increased by 33.8 % to 43.98 million manat.
The balance capital grew by 10.5 %, reaching 20.01 million manat, and the total capital - 16.1 % to 18.72 million manat. The paid charter capital remained unchanged amounting to 13.6 million manat. - 15B -
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review