Capital of Azerbaijani bank grew by 7% — Report

11:26 - 16.10.2023


October 16, Fineko/abc.az. Rabitabank has published a report on financial indicators for Jan-Sept 2023. 

ABC.AZ reports that one of the bank’s achievements is its positive dynamics of interest income. Thus, bank's interest income grew by 33.44% versus Jan-Sept 2022 and reached AZN 65.7 million. A significant increase was also observed in non-interest income of the bank. The growth in this indicator was 11.7%.
The published report shows that the bank has fairly high capital reserve for sustainable development, and bank's capital increased by 7% up to AZN 119.5 million.