OREANDA-NEWS. March 19, 2009. The assets of Azerdemiryol Bank JSC went on increasing in February 2009, and exceeded AZN 214.2 million by March 1, 2009. The loan portfolio (including leasing deals) totaled AZN 162 million. The bank’s fixed assets totaled AZN 13.1 million.

The bank’s liabilities totaled AZN 175.1 million. The deposits attracted from organizations and individuals totaled AZN 59.2 million. The timed deposits totaled AZN 49 million.

The bank’s general capital totaled AZN 39.14 million and its aggregate capital totaled AZN 38.72 million. The paid-up authorized capital remained at AZN 13.4 million.

Being one of the first commercial banks of Azerbaijan, Azerdemiryol Bank was set up in 1989. Its shareholders include the European Bank for Reconstruction and Development and FMO. The bank has 31 branches and sub-branches.