Rabitabank incerases total capital

Rabitabank incerases total capital
  • Clock-gray 13:52
  • calendar-gray 31 October 2017

As of October 1, 2017 Azerbaijan-based Rabitabank’s assets stood at AZN 730.308 million, up 42.95% from previous year.

 

Bank says the loan portfolio declined 0.98% to AZN 198.372 million, consumption loans slipped 14.39% to AZN 6.591 million, deposit portfolio slid 7.25% to AZN 197.841 million, liabilities rose 37.93% to AZN 644.623 million, total capital grew 78.27% to AZN 105,137,000, and authorized capital increased 82.47% to AZN 88.500 million.  

 

Revenues dropped 8.66% to AZN 29.074 million, expenditures fell 7.61% to AZN 14.423 million.

 

The bank’s profit in nine months amounted to AZN 642,000.

 

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