Rabitabank gets 37% growth in loan portfolio

Rabitabank gets 37% growth in loan portfolio
  • Clock-gray 12:32
  • calendar-gray 25 July 2018

As of July 1, 2018 Rabitabank’s assets stood at AZN 712.492 million, up 6.68% from previous year.

 

Bank says the loan portfolio grew by 36.74% to AZN 263.344 million, liabilities soared 7.55% to AZN 625.709 million, authorized capital surged 14.46% to AZN 101.300 million, total capital declined by 4.98% to AZN 100.431 million.

 

Revenues amounted to AZN 21,946,000, expenditures to AZN 10,612,000.

 

The bank ended the first half of 2018 on profit of AZN 311,000. 

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