Baku 25° C
Demirbank increases lending to financial institutions
Finance
- 28 April, 2016
- 09:08
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 28 April. REPORT.AZ/ Volume of assets of Demirbank increased by 14.6% and on annual basis as of April 1, 2016 amounted to 548.606 million AZN.
Report informs referring to the bank, during this period, the loan portfolio has grown by 7,558% to 401.02 million AZN. Loans for a period up to 12 months made 69.38 million AZN or 17.3% of the portfolio.
Lending to financial institutions increased by 81% to 3.529 million AZN. Mortgage lending has reduced nearly by 1% - from 49.332 mln. AZN to 48.872 million AZN. 86.1% or 42,063 mln. AZN of the total amount issued through the Azerbaijan Mortgage Fund (AMF).
As of April 1,2016, authorized capital of Demirbank amounted to 21 million AZN.
Author
"Dəmirbank" maliyyə qurumlarının kreditləşməsini artırıb
Demirbank увеличил кредитование финансовых структур
Latest News
17:53
OIC should play more serious role in resolving differences, Iranian FM says
Region
17:35
Japan PM Takaichi's support rate falls below 50%
Other countries
17:15
Photo
Participants of Falcons Meet – 2026 exercise visit Military Trophy Park
Military
16:55
British ambassador hopes for further strengthening of partnership with Azerbaijan
Foreign policy
16:35
Belgium congratulates Azerbaijan on occasion of Day of Restoration of Independence
Foreign policy
16:23
Erdogan's congratulatory message to Ilham Aliyev: Together in joy and sorrow
Foreign policy
16:00
Rezaei says Iran has prepared new military plan for any fresh attack
Region
15:39
Ambassador of Ukraine congratulates Azerbaijan on anniversary of restoration of its independence
Foreign policy
15:23
Latvia congratulates Azerbaijan on anniversary of restoration of its independence
Foreign policy