Bank Respublika’s assets increase over than 40%
Azerbaijan, Baku, April 14 / Trend /
On April 1, 2009, assets of the Bank Respublika hit 386.2 million manat. This represents an increase of 40.4 percent compared to the mentioned period in 2008. Bank's loan portfolio increased by 33.3 percent to 248.5 million manat.
Client deposits exceeded 140 million manat. Population's deposits increased by 24 percent to 70 million manat in April 1, 2009.
The aggravated capital of Bank Respublika increased by 51.9 percent to 51.8 million manat, Bank's authorized capital hit 22.6 million manat.
In January-March 2009, bank's incomes hit 17.7 million manat and expenditure - 14.9 million manat. The balance incomes made up 2.8 million manat.
On April 14, the official exchange rate is 0.8031 manat to $1.Do you have any feedback? Contact our journalist at: [email protected]