Azerbaijan, baku, april 3 /Trend A.Hasanov/
Profit of Azerbaijani Bank Respublika amounted to $827.29 thousand in 2011, the bank told Trend.
One of the main strategies of Bank Respublika in 2012, as in last year, is to support regional development through diversification of new products based on the financing of the SME and consumer segments.
Total assets of the bank amounted to $317.044 million and the loan portfolio - $175.198 million at the end of last year.
Total assets of the bank amounted to $318 million at the end of 2010. Accordingly assets decreased by 0.3 percent.
Deposit portfolio of individuals amounted to $92.581 million in 2011.
The aggregate capital of Bank Respublika amounted to $58.454 million in 2011, including share capital - $37.461 million.
The bank has 47 ATMs and 326 POS-terminals.
Bank Respublika started its operations on May 22, 1992. Bank shares are distributed as follows: 75 percent owned by local shareholders, 16.7 percent - an investment company DEG and 8.3 per cent - Sparkassen International Development Trust.
There are 32 subsidiaries and branch offices of the bank in Baku and regions.