Bank Of Baku

Rabitabank gets 20% rise in Q1 assets

Rabitabank gets 20% rise in Q1 assets
# 20 April 2015 12:44 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. Rabitabank’s assets in the first quarter of 2015 made AZN 322,325,000, up 19.32% from previous year.

 

Bank says the loan portfolio rose 26.44% to AZN 231.644 mln, overdue credits grew 54.68% to AZN 11.114 mln (4.8% of loan portfolio), deposit portfolio advanced 13.84% to AZN 212.945 mln, personal savings went up 31.71% to AZN 163.272 mln.

 

Total capital increased 16.15% to AZN 59.573 mln, authorized capital soared 6.59% to AZN 48.500 mln.

 

Profit amounted to AZN 998,000.

 

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