Baku, Finance Time. DemirBank’s assets as of June 1, 2012 amount 372.6 mln AZN, which exceeds the same indicator of previous year by 57.2 mln AZN or 18.1%. Volume of the loan portfolio also increased by 16.3% and reached 275.4 mln AZN.

Total value of customer deposits as of June 1, 2012 is equal to 143.4 mln AZN. Value of individuals’ term deposits has reached 115.7 mln AZN, which represents a 26.3% or 24.1 mln AZN increase.

As of June 1, 2012 DemirBank’s shareholders capital amounted 21 mln AZN, while total regulatory capital reached 52.7 mln AZN.

One of the first banks of Azerbaijan, DemirBank 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).