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
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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