Bank Of Baku

Demir Bank’s deposit portfolio hits AZN 110 mln

Demir Bank’s deposit portfolio hits AZN 110 mln
# 15 July 2010 11:45 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of July 1, 2010, Azerbaijan-based Demir Basnk’s assets stood at AZN 295.4 mln, up AZN 80 mln or 37.25 compared with a year ago.

Bank says the loan portfolio rose by AZN 45.1 mln or 27.65 to AZN 208.6 mln, deposits made AZN 110.4 mln.

Population’s deposit made AZN 81.7 mln, up AZN 30.7 mln or 60.3% compared with a year earlier. Total capital stood at AZN 47.9 mln, authorized capital at AZN 19 mln.

Demir Bank has been in operation since 1989. The bank operates 29 branches, 47 ATMs and 259 POS-terminals.
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