11:34 - 22.07.2022

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July 22, Fineko/abc.az. Rabitabank completed the 1st half of 2022 (Jan-Jun) with net profit of AZN 5.16 million.

ABC.AZ reports that the bank closed the same period of 2021 with net profit of AZN 4.685 million.

Thus, Rabitabank's net profit in the 1st half of 2022 increased by AZN 475,000, or 10.1%, against the 1st half of 2021.

The increase in net profit is conditioned with decrease in transfers for target reserves created for possible losses.