Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2010, Azerbaijan-based DemirBank’s assets stood at AZN 281.802 mln, up 32.3% compared with ayear ago.
Bank said that, deposit portfolio rose by 78.4% to AZN 101.510 mln, loan portfolio 16% increased to AZN 185.262 mln, consumer lending 12.8 declined to AZN 56.490 mln. Total capital grew by 23.6% to AZN 47.637 mln, authorized capital soared 41.8% to AZN 19 mln.
The total revenue rose by 9.6% to AZN 9.842 mln, expenditure 28% increased to AZN 8.655 mln. Profit 46.3% declined to AZN 1.186 mln.
DemirBank has been in operation since 1989. The bank operates 29 branches, 47 ATMs and 259 POS-terminals.
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