BAKU/04.12.13/TURAN : Assets of Deka Bank increased in January-October 2013 by 10.2 %, reaching 65.35 million manat. Volume issued to individuals and legal entities grew by 1.2% and amounted to 51.85 million manat.
The total liabilities of the bank declined from 41.74 million to 33.18 million manat. Deposit portfolio decreased by 63.4 % to AZN 7.1 mln , including term client investments decreased by 58.6% to 6.45 million manat.
Equity capital reached 32.17 million manat. The total capital increased by 97.9 % higher than the 27.96 million manat and paid charter capital - by 78.4 % to 23.99 million manat.
The bank's income equaled 5.66 million manat, and expenses - 2.53 million manat. Net profit after tax amounted to 3.13 million manat. - 15B -
Economics
-
The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
-
Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
-
Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
-
The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
Leave a review