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Rabitabank increases consumer crediting by 38% last year

Rabitabank increases consumer crediting by 38% last year

16 February 2012 15:10 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-Economics. As of January 1, 2012, Rabitabankâ€™s loan portfolio stood at AZN 89.275 mln, up 7.75 compared to last year.

During the reporting the volume of loans given for 12 months increased by 31% to AZN 46.271 mln, loans given for the period exceeding 12 months dropped 11.3% to AZN 37.096 mln, consumer loans grew by 38% to AZN 18.726 mln, overdue credits soared 62% to ZN 6.007 mln.

Deposit portfolio extended 11% to AZN 76.884 mln, term deposits went up 9.4% to AZN 61.875 mln, demand deposits grew by 17.2% to AZN 15.009 mln, population deposits increased by 9.5% to AZN 61.727 mln.

Remind that, Rabitabank has been in operation since 1993.

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