Demirbank sees decline in loan portfolio

Demirbank sees decline in loan portfolio
# 11 August 2017 10:24 (UTC +04:00)

As of July 1, 2017, Azerbaijan-based Demirbank’s assets stood at AZN 485.517 million, down 9.77% from previous year.

 

Bank says the loan portfolio dropped 27% to AZN 285.180 million, deposit portfolio made up AZN 148.888 million, personal savings AZN 135,000,000, liabilities AZN 447.920 million.

 

Authorized capital remained unchanged at AZN 20.982 million, total capital amounted to AZN 42.004 million.

 

The bank ended the first half of 2017 on loss of AZN 8,450,730.

 

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