12:11 - 15.01.2024

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On January 15, Fineko/abc.az. Rabitabank announced the financial results for the last quarter of 2023.

ABC.AZ reports that during this period, non-interest expenses increased by AZN 10.896 million (14.2%) up to AZN 87.769 million, salary expenses by AZN 4.6 million (18.9%) up to AZN 28.89 million, general administrative expenses by AZN 4.242 million (11.7%) up to AZN 40.485 million, depreciation expenses by AZN 877,000 (12.7%) up to AZN 7.772 million, other expenses by AZN 1.175 million (12.6%) up to AZN 10.5 million. Rabitabank OJSC completed 2023 with net profit of AZN 13.6 million after payment of income tax for AZN 5.45 million. Over the past year, bank's net profit grew by AZN 1.88 million, or by 16.8%.

At the end of 2023, Rabitabank OJSC owned assets for AZN 1.138 billion. Assets grew by AZN 183.46 million last, or by 19.2%.