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Deka Bank gets 18% rise in assets

Deka Bank gets 18% rise in assets

16 December 2009 13:45 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-Economics. As of December 1, Azerbaijan-based Deka Bankâ€™s assets stood at AZN 32.401 million, up 18.43% on the previous year.

The bank told APA-Economics that loan portfolio increased by 23.76% to AZN 26.276 million, deposit portfolio increased 66.71% to AZN 8.692 million, total equity capital went up by 14.71% to AZN 12.307 million and authorized capital stock stood at AZN 9.594 million.

As compared to the same period last year, revenue reached AZN 4.767 million and expenditures AZN 2.391 million.

The bankâ€™s profit for January-November stood at AZN 2.376 million.

Established in 1992, Deka Bank operates 6 branches across the country.

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