Bank Of Baku

Bank Respublika gets 23% rise in assets

Bank Respublika gets 23% rise in assets
# 08 October 2012 11:14 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, 2012, Azerbaijan-based Bank Respublika’s assets stood at AZN 385.0 mln, up 23% from year earlier. Total capital made AZN 61.0 mln.

Clients’ total funds reached AZN 207 mln, up 28.8% sicne early 2012.
Bank’s loan portfolio rose 28.4% to AZN 222.3 mln, while it was AZN 173.1 mln in 2011.

Interest incomes reached AZN 24 mln, non-interest incomes – AZN 11 mln and pre-tax profit – AZN 9.7 mln.

Liquid assets made AZN 110 mln, which is equal to 28.5% of total assets.
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