DemirBank Increased Net Profit by 57 %
OJSC DemirBank in the first three quarters of 2013 had a net profit after tax of 3.5 million manat, which is 57 % more than the same period in 2012 . The bank's earnings were equal to 44.8 million manat and expenditures - 41.3 million manat, increasing respectively by 18.8 % and 16.3 %.
The assets decreased in January -September, up 1.3 % to 378 mln AZN. The volume of loans increased 6% to 289.89 million manat.
The total liabilities of the bank decreased from 336.79 million to 329.08 million manat. The deposit portfolio increased by 3.8 %, amounting to 173.84 million manat, including term client investments increased by 7.9 % to 142.75 million manat.
The balance capital grew by 5.4 % to 48.92 million manat, and the total capital - by 3.4 % higher than 57.81 million manat. The paid charter capital remained unchanged at 21 million manat. - 15B -
Economics
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