Baku. Aynur-Aliyeva – APA-Economics. DemirBank’s total assets as of December 1, 2013 amount equals 391 mln
Total value of customer deposits as of December 1, 2013 is equal to 179.3 mln
As of December 1, 2013 DemirBank’s total regulatory capital reached 57.4 mln
The first commercial bank of Azerbaijan, DemirBank started its operations in October 1989. Shareholders of the Banks include large international financial institutions, such as the European Bank for Reconstruction and Development (EBRD) and Netherlands Development Finance Company (FMO). DemirBank has “B” rating with “stable” forecast of Fitch Ratings and “B” rating with “positive” forecast Planet Rating. These ratings are one of the best in Azerbaijan banking sector.