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Demirbank gets 4% rise in Q1 assets

23 April 2013 14:46 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of January 1 2013, assets of Demirbank made AZN 373.582 mln (+4.3%).

During the reporting period, loan portfolio of the bank grew by 6.0% to AZN 281.435mln, consumer loans made AZN 108.383 mln by rising 42.8%. Overdue credits soared 24.0% to AZN 15.518 mln. Share of overdue credits in total loan portfolio rose 0.8% to 5.5%.

Deposit portfolio rose 26.3% to AZN 168.240 mln (+43.2%). Population deposits stood at AZN 151.463 mln (+24.1).

Total capital rose 10.4% to AZN 56.523 mln as well as authorized capital remained stable at AZN 21.0 mln.

Number of total customers increased by 37.9% to 36,780, as well as individuals dropped 46.9% to 30,798; legal entities soared 3.7 times to 5,007. Number of plastic cards stood at 26,879 as of January 1 2013, down 14.6% compared to last year. Debit cards decreased by 12.2% to 21,605, credit cards fell 24.3% to 5,274.

At present time, the bank operates 31 branches, 60 ATMs, 1,604 POS-terminals and 886 employees across the country.