Total Capital of DekaBank Increased 86.5%
Assets of DekaBank in Jan-May 2013 increased by 5.7%, reaching 62.69 million manat. The volume of issued and corporations loans fell by 0.6% to 51 million manat.
The total liabilities of the bank declined from 41.74 million to 32.08 million manat. The deposit portfolio decreased by 51.9% to 9.1 mln, including term client investments that decreased to 7.56 million manat.
Balance sheet assets reached AZN 30 million. The total capital increased by 86.5% higher than 26.34 million manat, and the paid charter capital grew by 78.3% to 23.99 million manat.
The bank's earnings were equal to 3.05 million manat, and the expenses were 1.43 million manat. The net profit after tax amounted to 1.62 million manat. - 15B -
Economics
-
Azerbaijan’s Milli Majlis ratified the second amendment to the agreement on the joint development of the Azeri-Chirag-Gunashli (ACG) oil and gas block during its plenary session on Wednesday. The bill was submitted to parliament as a legislative initiative by President Ilham Aliyev.
-
The 104th meeting of the Commonwealth of Independent States (CIS) Economic Council was held in the Russian capital, with representatives from member states discussing enhanced economic collaboration and key regional initiatives. Azerbaijan was represented by First Deputy Prime Minister Yagub Eyyubov.
-
Azerbaijan’s Information and Communication Technologies Agency (IKTA) reported significant improvements in the quality of internet and telecommunications services in the first half of 2024, driven by a comprehensive assessment framework and enhanced regulatory measures.
-
In 2024, Azerbaijan will double its gas supply to Bulgaria, which not only uses this gas for its own needs but also partially sends it to its Balkan Gas Hub and, by agreement with SOCAR, organizes the transit of various volumes to its neighbors.
Leave a review