Demirbank concludes nine months with loss

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# 09:21
1 November 2017

In January-September of 2017 Demirbank’s assets stood at AZN 429.329 million, down 19.02% from previous year.

 

Bank says the loan portfolio dropped 26% to AZN 282.589 million, deposit portfolio fell 32.03% to AZN 117.215 million, personal savings slid 32.45% to AZN 108.419 million, liabilities made up AZN 403.762 million, total capital slipped 53.93% to AZN 26.041 million and the authorized capital remained unchanged at AZN 20.982 million.

 

Revenues amounted to AZN 73.377 million, expenditures to AZN 40.380 million. AZN 52.675 million was allocated for special reserves.

 

The bank concluded nine months of 2017 with AZN 20,392,860 in loss.

 

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