DemirBank in 2013 almost two times increased net profit

BAKU/21.01.14/TURAN : OJSC DemirBank by the results of last year had a net profit after tax of 5 million manat, which is 99.8 % more than in 2012. The bank's earnings equaled 62.32 million manat and its expenditures were 57.31 million manat, increasing by 21.4 % , respectively , and 17.4%.

The bank's assets during 2014 increased by 5.7 %, amounting to 405.19 million manat. The loans issued to individuals and legal entities grew by 11.4% to 304.74 million manat.

The total liabilities of the bank increased from 336.79 million to 354.67 million manat. The deposit portfolio increased by 14% , amounting to 190.99 million manat, including term client investments increased by 19.4 % to 158.13 million manat.

The equity capital increased by 8.9% reaching 50.53 million manat, and the total capital - 6.2 % to 59.36 million manat. The paid charter capital remained at 21 million manat. -15B -

 

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