Bank Of Baku

DemirBank sees 14% growth in assets year-on-year

DemirBank sees 14% growth in assets year-on-year
# 20 September 2012 13:38 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of September 1, 2012, assets of Azerbaijan-based DemirBank made AZN 375.4 mln, up 13.6% from a year earlier.

During the reporting period, the volume of loans given to customers rose 14.9% to AZN 283.6 mln.

Customer deposits made AZN 148.7 mln, populations’ deposits stood at AZN 124.3 mln, this figure rose 29.1%.

Total capital made AZN 56.8 mln, authorized capital – AZN 21 mln.

DemirBank started to operate in 1989.
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