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Rabitabank Asc (Azerbaijan)

Main Activities: Other Depository Credit Intermediation
Full name: Rabitabank Asc Profile Updated: January 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Russian Download a sample report

The Bank was established in 1993 under the umbrella of the Ministry of Telecommunication of Azerbaijan to serve companies and organizations of this sector. Soon after the start the bank expanded its operations into new areas of the economy serving as a universal bank. Today the bank has got diversified client base from trade, production, construction, rural, transport, communication and other areas. The bank, also, renders full range of financial services to individual clients.
During 18 years of successful operation Rabitabank managed expanding to 20 branches throughout Azerbaijan and kept banks of the country. Long history of cooperation with the international financial institutions as EBRD, IFC and ICD.

Headquarters
33, 28 May Street
Baku; Absheron; Postal Code: AZ1010

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Website: http://www.rabitabank.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1993
Key Executives
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Chairman
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Chief Financial Officer
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Chairman of the Supervisory Board
Ownership Details
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40.6%
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30%
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11.48%
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9.11%
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7.6%
Subsidiaries
Azlizinq Llc
100%
Kapital Partners Llc
100%
Company Performance
Financial values in the chart are available after Rabitabank Asc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AZN. Absolute financial data is included in the purchased report.
Net interest income
20.59%
Operating profit (EBIT)
54.14%
Net Profit (Loss) for the Period
96.05%
Total assets
21.04%
Total equity
9.16%
Total Assets Trend
N/A
Net Interest Income Trend
-5.35%
Loans to Deposits Ratio
-1.28%
Loans to Asset Ratio
-2.28%

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