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Demir Bank Net Profit Fell by 11 %
JSC Demir Bank for the first half 2013 received net profit after tax of 2.102 million manat, which is 11 % less than the same period in 2012. The bank's earnings were equal to 28.93 million manat, expenses - 26.83 million manat, increasing by 17 % and 20.2 %.
Assets decreased in January -June, up 0.1 % to 383.03 million manat. The volume of issued and corporations loans grew by 1.2 % and amounted to 276.79 million manat.
The total liabilities of the bank decreased from 336.79 million to 334.92 million manat. The deposit portfolio increased by 4.2 % to 174.62 million manat, including term client investments increased by 4.6 % to 138.52 million manat.
The balance capital grew by 3.7 % to 48.11 million manat, and the total capital - by 2.3 % to 57.22 million manat. Paid charter capital remained unchanged and totaled AZN 21 million. -15B-
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