Assets of Deka Bank increased in January-July of 2013 by 8.4 %, reaching 64.25 million manat. The volume of issued and corporations loans grew by 1.9 % and amounted to 52.3 million manat.
The total liabilities of the bank declined from 41.74 million to 32.97 million manat. Deposit portfolio decreased by 43.9 % to 8.34 million manat, including term client investments decreased by 2.2 times to 7.25 million manat.
Balance sheet assets reached 31.28 million manat. The total capital increased by 93.6 % higher than the 27.29 million manat, and paid charter capital - by 78.3 % to 23.96 million manat.
The bank's earnings were equal to 4.41 mln, an increase compared with the same period of 2012 by 14.8%, while expenses decreased by 5.1 % to 1.88 million manat. Net profit after tax increased 36 % to 2.52 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