Baku. ELnur Huseynguluyev – APA-Economics. As of April 1, 2012, Azerbaijan-based Rabitabank’s loan portfolio stood at AZN 93.344 mln, up 9% from year earlier.
Bank says short-term loans doubled to AZN 49.802 mln, long-term loans decreased by 28% to AZN 43.543 mln, consumer lending rose 6.4% to AZN 25.789 mln. Along with this, mortgage loans soared 55% to AZN 12.855 mln, as well loans given through AMF dropped 19% to AZN 454,000, and troubled loans slipped 1.7% to AZN 5.963 mln.
Deposit portfolio extended 14% to AZN 79.963 mln, as well term deposits surged 13% to AZN 64.619 mln, demand deposits went up 18% to AZN 15.342 mln, and population’s deposits climbed 19% to AZN 72.587 mln.
Remind that, Rabitabank has been in operation since 1993.
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