Bank Respublika Sums up Ten Months of 2007
Azerbaijan, Baku / Trend / The assets of the Azerbaijani Bank Respublika have been increased by 104.5% since the beginning of the year and make up 227.7mln mantas (AZN) on 1 November 2007. The credit portfolio of the bank increased by 105% and reached AZN156mln in the ten months to 2007.
Client deposits for the mentioned period increased two times and exceeded AZN 106.3mln. The volume of investments in Bank Respublika increased by 84.1% from January to October and made up AZN 48.9mln at 1 November 2007.
The aggregated capital of Bank Respublika increased by 82.1% and constituted AZN 22.4mln. The authorized capital of the bank made up AZN 11.9mln at 1 November 2007.
Revenue of the bank for the period from January to October 2007 made up AZN 24.1mln, expenditure constituted AZN 19mln. The balance sheet profit stood at AZN 5.1mln for the mentioned period.