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Rabitabank increases assets by 20% year-on-year

12 February 2013 07:52 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of January 1 2013, assets of Rabitabank stood at AZN 156.744 mln (+19.4%).

During the reporting period, loan portfolio rose 20.1% to AZN 107.159 mln, consumer loans made AZN 35.949 mln (+1.9 times).

Deposit portfolio grew by 9.95 to AZN 84.469 mln, population deposits stood at AZN 73.897 mln (+19.8%).

Total capital of the bank increased by 2 times to AZN 32.918 mln, as well as authorized capital rose 2.2 times AZN 30.0 mln.

The number of customers increased by 4.8% to 48,474, individuals grew by 3.1% to 47,677, legal entities soared 4.8% to 797. The number of plastic cards was equal to 10,854 as of January 1 2013. Debit cards rose 23.4% to 7,664, credit cards grew by 36.6% to 3,190.

At present, the bank operates 18 branches, 30 ATMs, 606 POS-terminals and 451 employees across the country. Average monthly salary of the bank is AZN 785.