Baku. 21January. REPORT.AZ/ Rabitabank OJSC has completed 2015 with a net profit of 2.3 million AZN.
Report informs, this means a reduction in the annual comparison by 26.0%.
During the reporting period the bank's revenues rose by 0.9% - from 52.5 to 53.0 million AZN. Interest income decreased by 19.1% - to 36.9 million AZN, non-interest income increased by 2.3 times - up to 16.2 million AZN. The bank's costs rose by 3.2% - from 48.2 to 49.8 million AZN. Interest expense increased by 21.4% - to 15.5 million AZN, non-interest expenses decreased by 3.3% - to 34.3 million AZN.
Last year Rabitabank's profit was 3.2 million AZN before paying taxes, which is 25% less than the same period in the previous year.
On January 1 the bank's authorized capital of this year amounted to 48.5 million AZN, while total capital was 67.3 million AZN.