JSC Demir Bank for the first half 2013 received net profit after tax of 2.102 million manat, which is 11 % less than the same period in 2012. The bank's earnings were equal to 28.93 million manat, expenses - 26.83 million manat, increasing by 17 % and 20.2 %.
Assets decreased in January -June, up 0.1 % to 383.03 million manat. The volume of issued and corporations loans grew by 1.2 % and amounted to 276.79 million manat.
The total liabilities of the bank decreased from 336.79 million to 334.92 million manat. The deposit portfolio increased by 4.2 % to 174.62 million manat, including term client investments increased by 4.6 % to 138.52 million manat.
The balance capital grew by 3.7 % to 48.11 million manat, and the total capital - by 2.3 % to 57.22 million manat. Paid charter capital remained unchanged and totaled AZN 21 million. -15B-
Economics
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On September 6, the State Oil Company of Azerbaijan (SOCAR) has announced a partnership with American oilfield services firm Halliburton to conduct research aimed at reassessing the hydrocarbon potential of the shallow-water section of the Guneşli field.
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The Food Safety Agency of the Republic of Azerbaijan (AQTA) is advancing its process of incorporating foreign high-risk food and feed production facilities into its official registry, the agency announced on Friday.
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Azerbaijan’s "Green Energy Zone" Working Group held its latest hybrid meeting to review the implementation of projects within the framework of the country's Social and Economic Development Strategy for 2022–2026, the Ministry of Energy reported on Wednesday.
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The historic city of Shusha, with its rich cultural heritage, hosted the International Day of Gastronomy on Thursday, a vibrant event organized by the State Tourism Agency, the Shusha City State Reserve, and the National Culinary Center. This event served as a bridge between various cultures and culinary traditions, showcasing the richness of the Islamic world's cuisine through the celebration of the iftar table.
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