Bank Respublika Sums up January 2008

Business Materials 18 February 2008 15:14 (UTC +04:00)

Azerbaijan, Baku, 18 February / Trend corr. U.Ismaylova / The assets of the Azerbaijani Bank Respublika increased by 2.1% and made up AZN 258.5mln to 1 February 2008. The bank's credit portfolio increased by 5.8% and comprised AZN 168.5mln in January 2008.

Client deposits rose by 1.9% and exceeded AZN 113.6mln for the mentioned period. The volume of pubic investment in Bank Respublika increased by 2.9% and made up AZN 53.9mln as at 1 February 2008.

The joint capital of Bank Respublika increased by 44.4% and reached AZN 34.2mln as at 1 January 2008. As at 1 February, the bank's authorized capital made up AZN 12.58mln.

As at January 2008, Bank Respublika's income totaled AZN 3.8mln and expenditure - AZN 3.13mln. Balance revenue of the bank for the mentioned period made up AZN 0.67mln.