Bank Of Baku

Demirbank gets 13% rise in assets

Demirbank gets 13% rise in assets
# 25 August 2015 13:19 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Demirbank’s assets in the second quarter of 2015 stood at AZN 467.899 mln, up 13.32% from previous year.

 

Bank says the loan portfolio rose 5.60% to AZN 337.364 mln, consumption loans went up 5.21% to AZN 182.317 mln, mortgage loans fell 2.44% to AZN 47.833 mln (AZN 36.394 mln was given through AMF), overdue credits raised 2.25 times to AZN 34.060 mln, deposit portfolio grew 1.77% to AZN 197.506 mln, personal savings dropped 6.90% to AZN 168.879 mln.

 

Total capital slipped 0.44% to AZN 62.521 mln, authorized capital remained unchanged at AZN 21 mln.

 

Incomes slid 18.51% to AZN 36.339 mln, expenditures shed 5.96% to AZN 38.860 mln.

 

Bank’s loss in six months made AZN 2,521,540.

 

For the present, the bank operates 33 branches, 59 ATMs and 946 POS-terminals across the country.

 

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