JSC "Deka Bank" on the basis of 2012 net profit after tax of $ 122 thousand manats, which is 30 times less than the figure recorded a year earlier. Bank's earnings were equal to 6.94 bn, down by 11.5%, while expenses rose contrary by 106% to 6.82 million manat.
Assets increased in January-December of last year by 24.3% to 59.28 million manat. The volume of issued and corporations loans grew by 34.3% and amounted to 51.27 million manat.
The total liabilities of the bank increased from 26.73 million to 41.74 million manat. Deposit portfolio increased by 2.5 times and amounted to 18.86 million manat, including term client investments increased by 2.8 times to 15.67 million manat.
Balance capital decreased by 16.3% to 17.54 million manat, and the total capital - 19.2% to 14.1 million manat. Paid authorized capital remained at 13.42 million manat. - 15B -
Economics
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Temporary suspension of gas supplies from Azerbaijan to Serbia will be avoided, Serbian President Aleksandar Vucic announced on Sunday.
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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