The assets of Rabitabank by October 1 amounted to 349 million. 899 thousand manats (+ 14.7% YTD) while almost by half (+ 41.6%) grew up liabilities, including long-term ones, - up to 288 million 213 thousand manats.
According to the report, the loan portfolio for the first three quarters narrowed by 9.4% to $ 199 million 26 thousand manats, but almost as much (+ 9.8%) increased its deposit accounts - up to 167 million 36 thousand manats.
Equity capital last month was at the level of 61 million 686 thousand AZN (+5.5%) at constant from last year authorized capital of 48.5 million AZN.
During the reporting period, the bank received a net profit of 3 million 214 thousand manats.
JSC Rabitabank was founded in 1993. Its shareholders are 19 legal entities and individuals. The head of the Supervisory Board is Zaur Nuriyev and the Chairman of the Board is Elchin Gadimov. --17D-
Economics
-
Temporary suspension of gas supplies from Azerbaijan to Serbia will be avoided, Serbian President Aleksandar Vucic announced on Sunday.
-
On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
-
The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
-
Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
Leave a review