![Deka Bank deposit portfolio grew by 2.3 times](https://turan.az/resized/./turan-750-500-resize.webp)
Deka Bank deposit portfolio grew by 2.3 times
Assets of Deka Bank increased in January-September 2012 by 30.2% to 62.06 million manat. The volume of issued and corporate loans grew by 25% and amounted to 47.68 million manat.
The total liabilities of the bank increased from 26.73 million to 42.03 million manat. The deposit portfolio increased by 2.3 times and amounted to 16.86 million manat, including term client investments that increased 2.5 times to 14.14 million manat.
The balance capital fell by 4.2% to 20.03 mln and the total capital - 6.3% to 16.28 million manat. The paid authorized capital remained at 13.42 million manat.
The bank's earnings were equal to 5.06 million manat, which decreased compared to the same period in 2011 by 10.5%, while the expenses increased by 6.5% to 2.77 million manat. The net profit after tax decreased 26.8% to 2.29 million manat. - 15B -
Economics
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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