Rabitabank ends 2018 on profit

Baku. 23 January. REPORT.AZ/ As of January 1, 2018, Rabitabank’s assets stood at AZN 772,113,000, up 6.2% from the previous year, Report informs.

Bank says its loan portfolio has risen by 35.4% at AZN 317,765,000, while liabilities saw a 4.4% growth settling at AZN 682,302,000, with AZN 384,739,000 in customers' current accounts and AZN 210,951,000 in term deposits.

The shareholder capital rose by 14.5% settling at AZN 101.3 million, while total capital surged by 22.4% reaching AZN 89,811,000.

The bank's profit amounted to AZN 3,124,000, while interest incomes totaled AZN 35,361,000, interest expenditures stand at AZN 12,917,000, and non-interest incomes settled at AZN 10,294,000, and non-interest expenditures at AZN 7,454,000.