As on 1 October 2016 Bank’s total assets have reached 913 million AZN which is by 17% higher than the same period of 2015.
As of the end of reporting period the Bank’s loan portfolio constituted 251 million AZN. Share of overdue loans in the total loan portfolio decreased by 2% compared to same period of last year and declined below 9.3%.
Bank’s income and expenses constituted 34 million AZN and 19 million respectively. During the reporting period additional reserves of 50 million AZN were created for assets.
Bank’s deposit portfolio constituted 229 million manats which is 11.4% higher compared to 1st quarter of current year.
Bank’s liquidity ratio exceeds approved liquidity requirements twice, which verifies high levels of liquidity in the Bank.
Bank’s statutory capital as of September was increased by 20 million manats.
Bank Respublika, mainly prominent for its plastic card products, has increased its active cards during this period to reach 95 thousand units and the amount of card operations has increased by 20% compared to equivalent period of 2015.
Number of new customers increased 1.54 times during 9 months of current year.
Bank Respublika has particularly focused on expanding range of digital and electronic banking services and products, optimizing their terms and conditions through introducing following products and services in remote banking: Internet Office, Mobile Office application, “Vektor” domestic money transfers system, crediting current account through MilliÖN and eManat terminals.