Baku - APA-Economics. In the first quarter of 2016, Rabitabank OJSC’s assets increased 32.84% to AZN 428.161 mln.
The loan portfolio dropped 12.7% to AZN 190.469 mln, overdue credits surged 14.43% or AZN 1.604 mln to AZN 12.718 mln (share in loan portfolio – 6.1%).
Liquid assets advanced 2.66 times to AZN 172.855 mln. The bank invested AZN 12.645 mln in securities.
Liabilities soared 14.91% to AZN 370.124 mln, term deposits stood at AZN 209.685 mln.
Authorized capital remained unchanged at AZN 48.5 mln, while total capital slid 2.57% to AZN 58.037 mln.
Profit amounted to AZN 12,000.