OREANDA-NEWS. April 23, 2010. DemirBank’s assets amount 281.8 mln AZN, which exceeds the same indicator of previous year by 68.8 mln AZN or 32.3%. Volume of the loan portfolio also increase this year and reached 185.3 mln AZN, reported the press-centre of DemirBank.

Total value of customer deposits as of April 1, 2010 is equal to 101.5 mln AZN. Value of population’s deposits has reached 77.8 mln AZN, which represents a 79.2% or 34.4 mln AZN increase.

As of April 1, 2010 DemirBank’s charter capital amounted 19 mln AZN, while total regulatory capital reached 47.6 mln AZN.

One of the first banks of Azerbaijan, DemirBank (formerly called Azerdemiryolbank) started its operations in October 1989. Shareholders of the Banks include large international financial institutions, such as European Bank for Reconstruction and Development (EBRD) and Netherlands Development Finance Company (FMO).