Tecnikabank 48% increases deposit portfolio year-on-year

Tecnikabank 48% increases deposit portfolio year-on-year
# 19 May 2010 09:29 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Econmics. As of May 1, 2010, Azerbaijan-based Technikabank’s assets stood at AZN 471.2 mln, up 6%4 compared with a year ago.

Bank says, loan portfolio rose by 1% to AZN 347.3 mln, deposit portfolio 47.9% increased to AZN 201.39 mln. Authorized capital grew by 99.5% to AZN 53.7 mln.

The bank’s plastic cards reached 44 847, ATMs 57, POS-terminals 348.

Tecnikabank has been in operation since 1993. The bank operates 35 branches and 5 deparments.
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