Assets of Deka Bank increased in January-July 2012 by 12.6% to 53.68 million manat. The volume of issued and corporate loans grew by 16.2% and amounted to 44.43 million manat.
The total liabilities of the bank increased from 26.73 million to 34.24 million manat. The deposit portfolio increased by 70.3% to 12.62 million manat, including term client investments that increased by 91.2% to 10.93 million manat.
The balance capital decreased to 19.43 million manat, and the total capital - to 15.81 million manat. The paid authorized capital remained at 13.42 million manat.
The bank's earnings were equal to 3.84 million manat, and its costs were 1.98 million manat. The net profit after tax amounted to 1.86 million manat. - 15B -
Economics
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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Azerbaijan’s parliament has approved a law establishing minimum living standards for 2025, with specific allocations for various demographic groups. The legislation, signed by President Ilham Aliyev on December 16, will come into force on January 1, 2025. The presidential decree was published on December 27.
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The President of Azerbaijan issued a decree on December 27, 2024, to implement the "2025 State Budget Law" aimed at streamlining the allocation and execution of government expenditures. The legislation, codified under law number 93-VIIQ, outlines detailed budget appropriations across various sectors, reflecting strategic priorities in defense, education, healthcare, and infrastructure.
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