Demirbank sees 7% growth in assets

Demirbank sees 7% growth in assets
# 31 January 2013 14:25 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of January 1, 2013, Azerbaijan-based Demirbank’s assets rose 7.2% to AZN 383.2 mln. The credits given to clients soared 8% to AZN 280.6 mln.

Bank says term deposits surged 29.8% to AZN 132.4 mln. Total capital stood at AZN 56 mln.

Demirbank obtained «B» and “stable” ratings of Planet Rating and Fitch Rating agencies.

The bank signed contracts in the worth of $42 mln in 2012.

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