Assets of DekaBank increased during the first six months of this year by 8.6% to 64.43 million manat. The volume of loans increased 1.6% to 52.08 million manat.
The total liabilities of the bank declined from 41.74 million to 33.45 million manat. Deposit portfolio decreased by 54% to AZN 8.71 mln, with term client investments decreased by 51% to 7.68 million manat.
Balance sheet assets reached 30.98 million manat. The total capital increased by 87% to 26.44 million manat, and paid charter capital - by 78%, reaching 23.99 million manat.
The bank's earnings were equal to AZN 3.35 mln, a decrease compared to the same period in 2012 by 0.7%, while expenses increased by 2.9% to 1.68 million manat. Net profit after tax decreased 3% to 1.68 million manat. - 15B -
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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