OJSC DemirBank in the first quarter of 2013 had a net profit after tax in the amount of 717,000 manat, which is 26.2% less than the same period in 2012. The bank's earnings were equal to 13.99 million manat, and the expenses were 13.28 million manat, increasing respectively by 25.2% and 31.7%.
The assets decreased in January-March by 2.5%, to 373.58 million manat. The volume of issued and corporate loans decreased 1.2%, amounting to 270.13 million manat.
The total liabilities of the bank decreased from 336.79 million to 326.63 million manat. The deposit portfolio increased 0.4%, amounting to 168.24 million manat, including term client investments increased 4.8% to 138.71 million manat.
The balance capital grew by 1.3% to 46.96 million manat, and the total capital - by 1.1% to 56.52 million manat. The paid-in share capital of the bank remained at 21 million manat. - 15B -
Economics
-
Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
-
Croatian Prime Minister Andrej Plenković announced enhanced efforts by Croatia to protect the Adriatic Sea and advance renewable energy projects during his address at the COP29 summit in Baku on Wednesday.
-
Italian Prime Minister Giorgia Meloni on Wednesday called for collective action to limit global warming to 1.5 degrees Celsius during her address at the COP29 summit in Baku, emphasizing the need for a united response to the climate crisis.
-
Greek Prime Minister Kyriakos Mitsotakis on Wednesday urged European leaders to pursue a "smart green deal" at the COP29 summit in Baku, advocating for a balanced approach to the energy transition that takes into account both environmental and economic realities.
Leave a review