Assets of DekaBank fell in January 2013 by 3.5% to 57.18 million manat. The volume of issued and corporate loans grew by 0.3% and amounted to 51.42 million manat.
The total liabilities of the bank decreased from 41.74 million to 37.84 million manat. Deposit portfolio decreased by 20.1% to 15.1 million manats, including term deposits - by 14.6% to 13.44 million manat.
Balance capital grew by 10.3%, reaching 19.33 million manat, and the total capital - 11.3% to 15.74 million manat. Paid authorized capital remained at 13.42 million manat.
Bank's earnings were equal to 1.93 million manat, and costs - 0.32 million manat. Net profit after tax amounted to 1.62 million manat, which is 8 times more than the same period last year. - 15B -
Economics
-
The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
-
The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
-
Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
-
Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
Leave a review