OREANDA-NEWS. October 21, 2008. Bank Respublika’s assets have increased by 60% since the beginning of the year, totaling AZN 405,100,000 as of October 1st, 2008. The Bank’s credit portfolio expanded by 75,3% in January-September of the current year, reaching AZN 279,300,000, reported the press-centre of Bank Respublika.

Customer deposits grew by 32.2% and now exceed AZN 147,400,000. Termed deposits with Bank Respublika increased by 33.7% during January-September 2008 and totaled AZN 70,100,000 as of October 1st.

The Bank’s total capital shows an increase of 484.7% during the January-September period, reaching AZN 43,700,000 and, as of October 1st. Its authorized capital totaled AZN 22,600,000.
According to the operating results, in January-September 2008, Bank Respublika’s income totaled AZN 43.600,000 and its expenses amounted to AZN 31,300,000. The Bank’s income balance equaled AZN 12,300,000 within the period covered by the report.