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Assets of Bank Respublika grow by 68.9%

Business Materials 20 December 2005 16:05 (UTC +04:00)

Over the last 11 months the assets of Bank Respublika increased by 68.8% and comprised 260.3bn manats. Over this period the credit portfolio of the bank expanded by 68.3% and made up 160.8bn manats, Trend reports.

As of 1 December client deposits grow by 48.9bn manats and reached 110.1bn manats. The growth comprised 80.1%. Urgent deposits of the population amounted 61.5bn manats, or 2 times more as compared 2004.

The total capital of Bank Respublika increased by 16.6bn manats (+72.2%) and comprised 39.7bn manats. Over the last 11 months incomes made up 33.7bn manats, expenses - 22.9bn manats. Balance profit comprised 10.8bn manats.

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