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Azerbaijani Bank Publicizes Results of 8-Months Activities

Business Materials 26 September 2007 13:21 (UTC +04:00)

Azerbaijan, Baku / corr Trendcapital U.Ismaylova / The assets of the Bank Respublika of Azerbaijan grew by 86.7% to AZN 207.8mln in January to August 2007, the bank said.

The credit portfolio of the bank grew by 78.6 % to AZN 135.6mln over eight months

Customer deposits doubled and comprised AZN 106.3mln. The volume of community deposits at Bank Respublika rose by 78% to AZN 47.3mln in January - August. The total budget of Bank Respublika increase by 54.4% to AZN 19.0mln

Income of Bank Respublika comprised AZN 17.7mln and expenditure AZN 14.3mln in January to August 2007. Balance income of the bank made up AZN 3.4mln.

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