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DemirBank increases loan portfolio

DemirBank increases loan portfolio

05 August 2016 10:12 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. In the second quarter of 2016, Demirbank’s assets stood at AZN 538.100 million, up 15% compared to a year earlier.

Bank says the loan portfolio rose 15.6% to AZN 389.962 million, consumer lending dropped 4.06% to AZN 148.778 million, mortgage lending slid 0.44% to AZN 47.622 million (AZN 41.805 million given through AMF).

Authorized capital remained unchanged at AZN 21 million.

For the present, the bank operates 61 ATMs, 973 POS-terminals across the country.

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