
Demir Bank grew in January - November this year, only 2%
Assets of Demir Bank increased in January-November 2013 by 2 %, to 390.96 million manat. Volume of the loans issued to individuals and legal entities grew by 11.4% and amounted to 304.81 million manat.
The total liabilities of the bank increased from 336.79 million to 339.72 million manat. Deposit portfolio increased by 7.1 %, amounting to 179.34 million manat, including term client investments increased by 16.5 % to 154.31 million manat.
Equity capital increased by 10.5%, reaching 51.25 million manat and paid charter capital remained at 20.98 million manat.
The bank's earnings equaled 55.99 million manat and expenditures - 50.26 million manat. Net profit after tax amounted to 5.73 million manat. - 15B -
Economics
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