MFI Report

OJSC DemirBank is the one of top 10 banks in Azerbaijan Republic, rendering a full-scale financial services to its customers and with the particular focus on MSE lending. DemirBank’s inherent focus on micro and small enterprises and start ups and expertise in the field, its geographically diverse branch network (29 branches and serving units) enabling consumers a country wide access to full scale financial services and in-branch credit committees created to enhance the effectiveness of micro financing operations mean DemirBank is uniquely placed to reach out to its potential MSE clients. Since 1998 Bank has a rich and successful history of cooperation with foreign financial institutions including the EBRD, KFW, BSTDB, FMO, DEG, IFC, responsAbility, Incofin, Triple Jump,Symbiotics, SIFEM, DWM and over 20 other financial institutions in the field of trade financing, lending, equity participation, mezzanine financing and technical assistance. Bank is rated by Fitch Rating on its financial performance and by Planet Rating on microfinance activity and social performance respectively. Hide