The International Bank of Azerbaijan increased assets in the first half of 2013 by 8.6 % to 6213.88 million manat. Total volume of loans increased 12.8 %, amounting to 6,034.87 million manat.
The total liabilities of the bank increased from 5,369.5 million to 5841.49 million manat. The volume of customer accounts increased 7.9 % to 2957.16 million manat.
Balance sheet assets reached 372.39 million manat. The total capital increased by 6.3 % to 765.55 million manat, and paid charter capital - by 2.8 % to 340 million manat.
According to the results of operations for the first six months of this year, the net profit of the bank amounted to 24.26 million manat. - 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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