Assets of JSC "Bank Standard" increased in January-December 2012 by 16% to 799.35 million manat. Lending to individuals and businesses has increased to 530.23 million manat.
Deposit portfolio amounted to 538.97 million manat. Of these, 427.91 million manat fell to urgent client investments.
Balance capital decreased by 12.7 million or 18.2 percent of the 57.23 million manat. Paid authorized capital remained at the level of AZN 75 million.
Total income of the bank for the past four quarters totaled 80.14 million manat.
With the end of the third quarter of 2011, the bank hides data about their own costs and the level of total capital. - 15B -
Economics
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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