OREANDA-NEWS. September 28, 2009. Rabitabank OJSC forecasts up to 20% growth on its major financial indicators this year.

Elchin Gadimov, deputy chairman of board, says that in connection with the crisis situation banks’ growth rate has diminished to a certain extent.

“Last year our Bank’s growth rate was 25%, and following 2009 we expect its decline to about 15-20% (particularly on loans, assets and deposits),” Gadimov said.

He added that during this year rate of growth on Bank’s deposits almost did not decrease.

“In 2009 we observed stable growth on deposits that testifies of previous confidence of our depositors to the Bank’s,” he said.