JSC Parabank for the first half of 2013 had a net profit after tax of 1.3 million AZN that was 3.6 times more than the same period in 2012. The bank's earnings were equal to 10.26 million manat, and expenses - 8.77 million manat.
Assets increased in January-June, up 3.6% to 113.49 million manat. The volume of issued and corporations loans grew by 4.7% and amounted to 79.61 million manat.
The total liabilities of the bank increased from 90.11 million to 92.92 million manat. The deposit portfolio increased by 3.6% to 65.97 million manat, including term client investments increased by 3.5% to 61.73 million manat.
The balance capital grew by 5.6% to 20.58 million manat, and the total capital - by 2.4% to 17.33 million manat. The paid-in share capital of the bank remained at 11.57 million manat. - 15B -
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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