DemirBank increased net profit by 47.7%
OJSC DemirBank in the first three quarters of 2012 received net profit after tax of 2.23 million manat, which is 47.7% more than the figure recorded a year earlier. The bank's earnings were equal to 37.73 million manat and the expenditures were 35.49 million manat, increasing by 12.8% and 11.6%.
The assets increased in January-September, up 4%, reaching 371.91 million manat. Lending for the period increased 10.3% to 277.37 million manat.
The total liabilities of the bank increased from 312.78 million to 326.16 million manat. The deposit portfolio decreased 0.5% to 147.69 million manat, while the term client investments increased by 19.2% to 124.59 million manat.
The balance capital grew by 2% to 45.75 mln and the total capital - by 11.4% to 55.63 million manat. The paid authorized capital remained unchanged - 21 million manat. - 15B -
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- Economics
- 31 October 2012 15:58
Economics
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