Bank Respublika’s Assets Experience 15% Boom
Azerbaijan, Baku, 13 June / Trend / The assets of the Bank Respublika has increased by 16.5% since early 2008, the bank reported on 13 June.
From January to May 2008, the bank's loan portfolio increased by 33% and made up AZN 211.9mln.
The deposit of customers have also increased by 18.9% and touched AZN132.5mln. The volume of deposits in Bank Respublika rose by 18.6% and reached AZN 62.1mln.
Bank Respublika's joint capital increased by 44.4% and made up AZN 34.1mln from January to May 2008. The authorised capital of the bank totalled AZN 12.5mln as for 1 June 2008.
From January to May 2008, Bank Respublika totalled AZN 20.8mln and expenditure AZN 15.9mln. The bank's balance income is estimated at AZN 4.9mln for this period.