Deposit portfolio of Azerbaijani Rabitabank increases in April
Azerbaijan, Baku, May 30 / Trend N. Ismayilova /
Assets of Azerbaijani Rabitabank increased 2.1 percent in April and hit 87.37 million manat as of May 1, the bank said.
Deposit portfolio of the bank increased 4.1 percent for accounting period and hit 70.5 million manat; 35.08 million manat hit deposits of physical entities, 35.4 million manat - deposits of legal entities.
Loan portfolio of the bank reduced 5.2 percent in April and hit 63.8 million manat. As of the first quarter, this index hit 67.35 million manat.
Net profit of the bank increased 9.7 percent and hit 442,000 manat. As of April 1, the bank profit hit 403,000 manat.
As of May 1, joint capital of the bank hit 12.04 million manat compared to 14.7 million manat as of April 1. Authorized capital of the bank hits 8.5 million manat.
As of early May, the bank's liquidity hits 131.5 percent.
On May 30, the official exchange rate is 0.8036 manat to $1.
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