Bank Of Baku

Rabitabank triples profit year-on-year

Rabitabank triples profit year-on-year
# 28 October 2013 10:46 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Rabitabank’s incomes made AZN 20.486 mln, up 50.7% by contrast to 2012. Bank says the expenditures increased by 47.2% to AZN 18.691 mln.

 

Profit made AZN 1.795 mln, up 3.4 times from a year earlier.

 

Interest incomes made AZN 16.205 mln, non-interest incomes – AZN 4.281 mln, interest expenditures – AZN 7.570 mln, non-interest expenditures – AZN 11.122 mln. Interest profit grew 94.7% to AZN 8.635 mln, non-interest loss surged 96.1% to AZn 6.841 mln.

 

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