Baku. Yegane Lachinzade – APA-Economics. The international rating agency Fitch Ratings has confirmed DemirBank’s B rating with stable outlook.
Bank told APA-Economics that it has increased its market share on business loans compared to a year earlier and Fitch Ratings appreciated bank’s asset quality.
Demirbank’s ratings are among the highest ratings of local banks.
Demirbank’s shareholders are EBRD (25%+1 share) and FMO (10%).