28 July 2015
Rabitabank OJSC increased its deposits up to 40 percent and capital up-to 7 percent compared to the beginning of the year!
Rabitabank OJSC operating since 1993 year and being one of the first banks of the Independent Azerbaijan Republic keeps its stable and dynamic development in accordance with its financial statistics in the market.
During the two quarters of the current year, the Bank has been successful in expanding its coverage area, client base and assets in comparison with the previous year.
In the end of the second quarter deposits of Rabitabank OJSC increased up to 40% (239 million AZN), capital up to 7% (63 million AZN) and assets up to 6% (340 million AZN). Along with these indicators, Bank has been able to finalize the second quarter with 2.41 million AZN profit. Bank targets to achieve the goals set for the next quarter with better results and strengthen its position in the market.
Currently, Rabitabank OJSC with the help of its 2 division and 22 branch offices keeps providing more than 60.000 active clients with wide range of loan products, plastic cards, deposits, urgent money transfer and other financial services throughout the whole country.