Rabitabank published financial statements for Q3 of 2023 

11:25 - 16.10.2023


October 16, Fineko/abc.az. Rabitabank, one of the country's leading banks, has published a report on financial indicators for the first 9 months of this year. 

ABC.AZ reports that in the 3rd quarter of 2023 Rabitabank's profit increased by 33%, or by AZN 4.1 million, compared with Q3 of 2022 up to AZN 16.817 million. Bank's assets grew by AZN 48.8 million or 5% up to AZN 1.3 billion.

The volume of loans given by the bank to customers increased by 15% up to AZN 701.5 million. The volume of bank's consumer loans for this period totaled AZN 241.4 million (17% more than year-on-year), business loans – AZN 334.6 million (10% more), and the volume of real estate loans – AZN 125.5 million (26% more).