Demirbank assets increased by 6%

Baku. 4 November. REPORT.AZ/ Volume of assets of “Demirbank” OJSC was 441 million manats to October 1 of this year. This indicator is 6 % more than the analogical period of previous year. In addition, Bank's credit portfolio increased 3,4% during last year and became 333 million manats.

Report informs referring to the bank, prudential norms improved within the year. Thus, adequacy ratio of Tier I and total capital increased 0,8 percent and was respectively 8,38% and 14,07% (adequacy ratio norms of ACB is 6% and 12%).

Bank's total capital to October 1 makes 62,19 million manats.

“Demirbank”'s 33 branches operates in the country. 13 of them are located in Baku, 20 in the regions.