Rabitabank sees 33% rise in assets

Rabitabank sees 33% rise in assets
  • Clock-gray 16:10
  • calendar-gray 24 April 2018

As of April 1, 2018 Azerbaijan-based Rabitabank’s assets stood at AZN 664.978 million, up 33.14% from previous year.

 

Bank says the loan portfolio grew by 28.62% to AZN 246.123 million, liabilities increased by 27.50% to AZN 578.195 million, authorized capital ascended by 2.08-fold to AZN 101.300 million, and total capital soared 69.38% to AZN 105.265 million.

 

The bank ended the first quarter of 2018 on net profit of AZN 102,000. 

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