OREANDA-NEWS. February 27, 2010. DemirBank’s assets amount 261.6 mln AZN, which exceeds the same indicator of previous year by 44.3 mln AZN or 20.4%. Volume of the loan portfolio also increase this year and reached 187.3 mln AZN, reported the press-centre of DemirBank.

Total value of customer deposits as of February 1, 2010 is equal to 88.5 mln AZN. Value of population’s deposits has reached 72.5 mln AZN, which represents a 64.3% or 28.4 mln AZN increase.

As of February 1, 2010 DemirBank’s charter capital amounted 18.4 mln AZN, while total regulatory capital reached 47.9 mln AZN.

One of the first banks of Azerbaijan, DemirBank (formerly called Azerdemiryolbank) started its operations in October 1989. Shareholders of the Banks include large international financial institutions, such as European Bank for Reconstruction and Development (EBRD) and Netherlands Development Finance Company (FMO).