16:15 - 15.07.2024

---

July 15, Fineko/abc.az. Rabitabank has released the financial report for Jan-Jun 2024.

ABC.AZ informs that according to the report, in 6 months bank’s total assets decreased by 723,000 manats to 1.137 billion manats.

The bank's loan portfolio (total loans given to customers) increased by 44.28 million manats or 6.1% up to 765.4 million manats.

In particular, the portfolio of consumer loans increased by 21.8 million manats up to 261.445 milion manats, portfolio of business loans by 13.2 million manats up to 358.639 million manats, portfolio of mortgage loans by 9.237 millio manats up to 145.357 million manats. In the first 6 months of 2024, total deposits in Rabitabank declined by 56.758 million manats or 7.5% to 697.66 million manats.

Thus, deposits of individuals in the bank grew by 19.14 million manats up to 464.527 million manats, and deposits of legal entities decreased by 75.899 million manats to 232.539 million manats. As of June 30, 2024, Rabitabank had total capital of 118.608 million manats.