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Rabitabank increases assets by 8% year-on-year

Rabitabank increases assets by 8% year-on-year

14 November 2011 08:38 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of October 1, 2011, Rabitabankâ€™s assets made AZN 126.132 mln, up 7.9% compared to last year.

During the reporting period, loan portfolio rose 5.2% to AZN 85.056 mln, deposit portfolio increased by 11.9% to AZN 71.374 mln.

Total capital soared 34% to AZN 17.567 mln, authorized capital rose 33% to AZN 13.471 mln.

The number of bankâ€™s customers rose 16% to 41,005, as well as individuals increased by 16.3% to 40,161, legal entities dropped 4.1% to 844.

Remind that, Rabitabank has been in operation since 1993. The bank operates 18 branches, 29 ATMs and 182 POS-terminals across the country.

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