DemirBank’s mission as a socially oriented bank is to support entrepreneurship in Azerbaijan through its wide network of 30 branches. DemirBank is one of the top 10 banks in the country and offers a broad range of financial services to its customers, with a focus on the lower segment of small and medium sized enterprises. Triodos Fair Share Fund has provided a loan to DemirBank.
KEY INDICATORS DemirBank at year-end 2013:
- number of loan clients: 102,559
- percentage female clients: 18%
- percentage rural clients: 19%
- average loan amount: EUR 2,816
- number of savings clients: 48,904
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.