Assets of Azerbaycan Senaye Banki increased in January -June 2013 by 45%, reaching 235.89 million manat. The volume of issued and corporations loans grew by 7.6 % and amounted to 92.39 million manat.
Total liabilities of the bank increased from 125.55 million to 197.03 million manat. The deposit portfolio increased by 75.7 % to 100.57 million manat, including term client investments increased by 3.1 times to 74.85 million manat.
The balance capital grew by 4.7 % to 38.86 million manat, and the total capital - by 6.6 % more than 33.78 million manat. Paid charter capital remained unchanged at 28 million manat.
The bank's earnings were equal to AZN 8.9 million , a decrease compared to the same period in 2012 by 3.3 %, while expenses increased by 10.2 % to 6.49 million manat. Net profit after tax decreased 5.6 % to AZN 2.4 mln. - 15B -
Economics
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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.
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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.
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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.
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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.
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