Web Desk February 15, 2021

The assets of Rabita Bank in the fourth quarter of 2020 amounted to 830 million 916 thousand manats. Compared to the same period in 2019, the bank’s assets increased by 90 million 932 thousand manats or 12.2%. The bank’s loan portfolio increased by 46 million 394 thousand manats or 12.3%, amounting to 423 million 332 thousand manats. During the reporting period, the bank’s liabilities increased by 93 million 578 thousand manats or 14.6%, amounting to 732 million 201 thousand manats. The volume of deposits in the bank amounted to 546 million 172 thousand manats (an increase of 45 million 301 thousand manats or 9%). In particular, deposits of individuals amounted to 232 million 540 thousand manats (a decrease of 1 million 149 thousand manats or 0.5%), and deposits of legal entities amounted to 313 million 632 thousand manats (an increase of 46 million 450 thousand manats). . manat or 17.3%). The bank’s capital fell by 2 million 646 thousand manats or 2.6%, amounting to 98 million 715 thousand manats.

 

Source: Turan News Agency

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