International rating agency “Fitch Ratings” has confirmed “DemirBank” rating as “B” with stable outlook.

According to “Fitch Ratings” evaluation, “DemirBank” has an adequate balance which reconfirms adequacy of bank reserves.

“DemirBank” also has a developed system of corporate governance. The bank shareholders include international financing organizations.

“DemirBank” started cooperating with “Fitch Ratings” in 2004 and is the first private bank in Azerbaijan to receive an international rating. “DemirBank” also has “B” rating with positive outlook of “Planet Rating” international agency.