DemirBank’s loss makes up nearly AZN 7.3M

DemirBank’s loss makes up nearly AZN 7.3M
# 03 May 2017 14:11 (UTC +04:00)

As of April 1, 2017 Azerbaijan-based DemirBank’s assets stood at AZN 519.977 million, down 5.22% from previous year. 1

Bank says the loan portfolio dropped 12.4% to AZN 351.309 million, deposit portfolio slid 15.14% to AZN 154.704 million, liabilities stood at AZN 480.633 million, and total capital declined 3.23% to AZN 56.637 million.

Revenues made up AZN 21.167 million, expenditures – AZN 75.683 million.

Bank ended the first quarter on loss in the amount of AZN 7,258,420.

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