Bank Of Baku

Demirbank gets 4% rise in assets

Demirbank gets 4% rise in assets
# 23 January 2015 14:24 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of January 1, 2015, Demirbank’s assets stood at AZN 420.304 mln, up 3.73% from previous year.

 

Bank says the loan portfolio rose 2.84% to AZN 318.696 mln, consumption loans raised 8.74% to AZN 177.635 mln, mortgage loans went up 0.42% to AZN 48.848 mln, overdue credits increased 1.3 times to AZN 15.238 mln.

 

Deposit portfolio grew 3.3% to AZN 197.281 mln, personal savings ended 0.64% higher at AZN 175.314 mln.

 

Total capital advanced 5.94% to AZN 62.895 mln, authorized capital remained unchanged at AZN 21 mln.

 

Incomes surged 36.23% to AZN 84.898 mln, expenditures soared 40.26% to AZN 80.384 mln.

 

Profit fell 9.86% to AZN 4,513,710.

 

The bank operates 33 branches, 58 ATMs and 996 POS-terminals across the country.

 

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