Over Jan-Mar this bank`s operating profit grew by 30%

13:28 - 24.04.2020


April 24, Fineko/abc.az. Rabitabank has released the financial indicators for the first quarter of 2020.

ABC.AZ reports with reference to Bank's financial indicators for Jan-Mar that the Bank made profit on some indicators during this period. Thus, while Rabitabank's interest income in the 1st quarter of 2019 amounted to AZN 10.75 million, in the 2nd quarter of this year it amounted to AZN 11.475 million. Interest income grew from AZN 2.82 million up to AZN 3.266 million. Due to the growth in revenues, Rabitabank's operating profit increased by almost 30% and rose from AZN 3.27 million up to AZN 4.25 million.

 

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