Bank Of Baku

Bank Respublika increases total assets by 22%

Bank Respublika increases total assets by 22%
# 21 May 2012 08:28 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2012, assets of Bank Respublika made AZN 340.280 mln, up 22% compared to last year.

During the reporting period, loan portfolio rose 25.4% to AZN 184.034 mln, deposit portfolio grew by 39.5% to AZN 175.397 mln. Total capital soared 21% to AZN 60.519 mln, authorized capital remained stable at AZN 37.459 mln.

The number of branches increased by 17% to 33, number of ATMs increased by 2.2% to 46, POS-terminals – 38% to 357, employees – 9.3% to 548.

Bank Respublika has been in operation since 1992.
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