Bank Respublika Sums up 2008

Business Materials 16 April 2008 17:08 (UTC +04:00)

Azerbaijan, Baku, 16 April / Trend / The assets of Bank Respublika increased by 8.6% from the beginning of 2008 and made up AZN 275mln till 1April 2008. The credit portfolio of the bank, for the first quarter, has increased by 17.1% and reached AZN 186.5mln.

The client deposits during the mentioned period have also increased by 8.3% and exceeded AZN 121.2mln. The volume of population deposits to Bank Respublika has increased by 7.4% from Jan to March and reached AZN 56.5mln as for 1 April 2008.

Bank Respublika's authorized capital has increased by 44.3% and reached AZN 34.1mln from January to March 2008. As for 1 April, bank's authorized capital made up AZN12.6mln.

Bank Respublika incomes from Jan to March 2008 comprised AZN 11.7mln and expenditures -AZN 9.4mln. The balance incomes during the mentioned period totaled AZN 2.3mln.