OREANDA-NEWS. August 30, 2011. DemirBank’s assets as of August 1, 2011 amount 338.3 mln AZN, which exceeds the same indicator of previous year by 46.1 mln AZN or 15.8%. Volume of the loan portfolio also increased by 14.9% and reached 239.9 mln AZN, reported the press-centre of DemirBank.

Total value of customer deposits as of August 1, 2011 is equal to 138.5 mln AZN. Value of individuals’ term deposits has reached 95.3 mln AZN, which represents a 15.9% or 13.1 mln AZN increase.

DemirBank’s shareholders capital amounted 20 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).