Bank Of Baku

Technikabank gets 22% increase deposit portfolio

Technikabank gets 22% increase deposit portfolio
# 20 August 2010 08:00 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of August 1, 2010, Azerbaijan-based Technikabank’s assets stood at AZN 461.835 mln, up 0.83% compared with a year ago.

Bank says the deposit portfolio expanded 22% to AZN 200.836 mln, population’s deposit rose by 57.97% to AZN 147.925 mln, loan portfolio was AZN 318.294 and consumer lending was 36.573 mln.

Total capital 5% decreased to AZN 57.319 mln, authorized capital gained 29% to AZN 53.685 mln. Profit made AZN 1.843 mln.

Technikabank has been ion operation since 1993. The bank operates 35 branches, 48 ATMs and 341 POS-terminals across the country.
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