Bank Of Baku

Rabitabank sees 15% rise in assests year-on-year

Rabitabank sees 15% rise in assests year-on-year
# 07 May 2012 13:31 (UTC +04:00)
Baku. Elnur Huseynguluyev - APA-Economics. As of April 1, 2012, Rabitabank’s assets made AZN 141.157 mln, up 15% compared to last year.

During the reporting period, loan portfolio of the bank rose 9% to AZN 93.344 mln, deposit portfolio grew by 14% to AZN 79.962 mln. Total capital soared 15% to AZN 16.166 mln, authorized capital increased by 33.3% to AZN 13.471 mln.

The number of total customers increased by 20.4% to 45,573, individuals rose 21% to 44,757, legal entities dropped 3.7% to 816. At the same time, the number of active plastic cards soared 23% to 9,053, debit cards rose 22% to 6,551, credit cards rose 26% to 2,502.
The number of staff increased by 9.6% to 390, average monthly salary decreased by 16% to 557.

Rabitabank has been in operation since 1993.
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