Bank Respublika sees 16% growth in profit

Bank Respublika sees 16% growth in profit
# 26 February 2013 08:18 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Bank Respublika gained AZN 48.593 mln-incomes in 2012, (+31.4%).

During the reporting year bank’s expenses increased by 37.5% to AZN 36.116 mln. At the end of last year, the bank got AZN 12.475 mln-profit, (+16.4%).

Note that, during the reporting year, interest incomes made AZN 33.090 ml, non-interest incomes – AZN 15.503 mln, interest expenses – AZN 10.373 mln, non-interest expenses – AZN 25.743 mln. Consequently, in 2012, interest profit of the bank grew by 40.1%, non-interest loss rose 12.1%.

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