OREANDA-NEWS. December 19, 2007. Bank Respublika assets have grown by 106,3% since the beginning of the year totaling AZN 229,600,000 as of December 1st, 2007. The Bank’s credit portfolio expanded by 106,6% totaling AZN 157,200,000 for the first eleven months of 2007, reported the press-centre of Bank Respublika.

Customer deposits grew by 112,9% and have exceeded AZN 110,400,000. Timed deposits to Bank Respublika increased by 106,3% through January-November of 2007 and totaled AZN 54,800,000 as of December 1st, 2007.

Bank Respublika’s total capital grew by 82.2% and reached AZN 22,400,000 within this period. The authorized capital totaled AZN 11,900,000 as of December 1st, 2007.

As per activity results, in January-November of 2007 Bank Respublika’s incomes totaled AZN 27,300,000 and its expenses amounted to AZN 21,300,000. The Bank’s income balance equaled to AZN 6,000,000 within the reported period.