JSC Deka Bank in the first three quarters of 2013 had a net profit after tax of 2.78 million manat, which is 21.4 % more than in the same period in 2012. The bank's earnings were equal to AZN 5.1 million - an increase of 0.2, and expenses decreased by 17.3 % to 2.28 million manat.
Assets increased in January -September, up 8.8 % to 64.54 million manat. The volume of loans increased 1.8% to 52.17 million manat.
The total liabilities of the bank declined from 41.74 million to 32.65 million manat. The deposit portfolio decreased by 60.3 % to 7.52 mln, including term client investments decreased by 57.3 % to 6.69 million manat.
The balance sheet assets reached 31.89 million manat. The total capital grew by 95.7 % higher than 27.61 million manat, and the paid charter capital - by 78.4 % to 23.99 million manat. - 15B -
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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