Bank Respublika increased its net profit 10-fold


January 29, Fineko/abc.az. Bank Respublika has unveiled its financial indicators for the past year.

ABC.AZ reports with reference to Bank's data that its net profit grew by 10 times (versus 2018) up to AZN 20.4 million, net operating profit by 4 times up to AZN 40.7 million, and net interest income by 68% up to AZN 41.3 million.

As of 1 January 2020 Bank's assets exceeded AZN 1.4 bn (44% more against 2018). In addition, Bank's total capital rew by 49%, deposit portfolio by 54%, and loan portfolio by 41%.