12:44 - 15.04.2025

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April 15, Fineko/abc.az. Rabitabank has revealed financial figures for the first quarter of 2025. On their basis, it is seen that the bank has maintained its growth dynamics in key indicators. ABC.AZ reports with reference to the bank that Rabitabank completed the relevant period with net profit of 4.657 million manats.

Compared with the same term of 2024, bank's assets grew by 10.9% up to 1.198 billion manats.

Positive dynamics is observed on the loan portfolio

Bank's loan portfolio grew by 21.8% against Jan-Mar 2024. As a result, the total loan portfolio increased to 873.97 million manats. The main part of the loan portfolio consists of business loans. Thus, compared with Jan-Mar 2024, the portfolio of business loans grew by 22.3% up to 403.249 million manats, including the portfolio of consumer loans by 23.7% up to 304.7 million manats, mortgage loans by 17.5% up to 166.65 million manats.

Deposits of individuals have increased in the bank

As for total savings portfolio, individual deposits increased by 4.2% up to 469.485 million manats.

The bank's interest income increased by 16.7% versus Jan-Mar 2024 up to 31.137 million manats.

According to the total capital, it increased by 5.9% compared with Jan-Mar 2024 up to 122.605 million manats.

Rabitabank OJSC currently renders to customers a wide range of banking services at the level of the most modern standards, having a total of 27 service points in 16 districts and the city of Baku, 75 ATMs, application Rabita Mobile, Internet banking platform, chatbot RabitaBot and call center 133.