According to the operating results of January-December 2009, the assets of Bank Respublika totaled AZN 347.9 million, which is 10.3% less than figures from the beginning of 2009. Assets reduced due to the decreasing balance of credit portfolio (AZN 196.6 million) as a result of the Bank’s conservative crediting and risk management policy. Credit portfolio now forms 56.5% of the Bank’s assets.

Preventive anti-crisis measures have allowed to not only preserve the market share of the deposit portfolio, but increase it by 19.5% up to AZN 162.3 million. The assets of individuals increased by 41% up to 112 million AZN. Deposits of population increased by 47.3% up to AZN 94.5 million, compared to AZN 64.2 million as of the beginning of 2009.
In 2009, the Bank focused at maintaining a high liquidity to ensure a timely fulfillment of obligations before clients and international financing organizations.

Bank Respublika has also strengthened its capital basis. The Supervisory Board has decided to increase the authorized capital of the Bank by 34.5% and it reached AZN 30.6 million as of January 1, 2010. The total capital of the bank grew by 28.2% and reached AZN 55.5 million during 2009.

Incomes of Bank Respublika during 2009 totaled AZN 54.9 million, while expenditures  totaled AZN 46.9 million. The balance profit of the bank during the reported period totaled AZN 8 million.

Bank Respublika successfully introduces new technologies for the purposes of increasing the efficiency of its operations and quality of services. During 2009, Bank Respublika has completed the transfer to a new licensed software FlexCube, which is widely used in banking sector internationally. Developed by Oracle Financial Services Software Limited, the software simplifies transactions and shortens  the turnaround of client services.

Also in 2009, Bank Repsublika extended its network of branches and opened 6 new regional branches in Mingechevir, Sheki, Masalli, Jalilabad, Imishli and Zagatala. The new branches will encourage development of private sector and extension of banking services in the regions of Azerbaijan.

In the beginning of 2009, Bank Respublika joined the system of utility payments which allow subscribers to pay their electricity, gas and water bills in a single bank.

Bank Respublika also joined the Zolotaya Korona money transfer system. Low transfer fees, saved time and numerous transfer points have made this system available to everybody.

When international capital markets have become unavailable for most of Azerbaijani banks, Bank Respublika has continued to successfully cooperate with the international financing organizations and receive credit lines for financing of the private sector. For instance, the Bank received a USD 20 million credit for small and medium businesses from the International Financing Corporation (IFC), as well as USD 6 million for development of micro- and small businesses from the European Bank for Reconstruction and Development.

Bank Respublika also held traditional winning campaigns among holders of plastic cards. These campaigns included “Trip to Switzerland” and “Trip to Spain”. Apart from this, gold bars and a Subaru Forester were drawn among depositors of Bank Respublika.

In 2010, Bank Respublika will pay the closest attention to provision of a new line of credit products and services, which are going to be available for all customers, and to improvement of the quality of customer services.

Bank Respublika started its operation in 1992 and is now one of the leading banks of Azerbaijan. The Bank's shareholders include 2 of Germany's largest financial organizations – DEG, a member of the KfW banking group, and SIDT, a member of Sparkassen-Finanzgruppe, which hold a package of 25% + 1 share in the bank.