Bank Of Baku

Rabitabank extends deposit portfolio by 11%

Rabitabank extends deposit portfolio by 11%
# 14 February 2012 13:49 (UTC +04:00)
Baku. Elnur Huseynquluyev - APA-Economics. As of January 1, 2012, Rabitabank’s assets made AZN 131.230 mln, up 7.7% compared to last year.

During the reporting period, loan portfolio of the bank rose 7.2% to AZN 89.275 mln, deposit portfolio soared 10.8% to AZN 76.884 mln.

Total capital increased by 26% to AZN 16.682 mln, as well as authorized capital rose 33.3% to AZN 13.471 mln.

Total number of customers rose 27% to 46,267, number of individuals rose 28.5% to 45,430, the number of legal entities dropped 1.5% to 837. At the same time, the number of active plastic cards rose 23% to 8,548, debit cards grew by 23% to 6,213, credit cards rose 22% to 2,335.


Number of the staff soared 17% to 387, average monthly salary grew by 3.1
5 to AZN 687.

Remind that, Rabitabank has been in operation since 1993.
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