Baku. Elnur Huseynguluyev – APA-Economics. As of January 1, 2011, Azerbaijan-based Technikabank’s assets stood at AZN 506.014 mln, up 8.2% in comparison to a year ago.
Bank says the deposit portfolio soared 40% to AZN 255.747 mln, loan portfolio increased by 3.5% to AZN 364.335 mln, including consumer lending dropped 32% to AZN 27.265 mln.
At the same time, total capital surged 7.2% to AZN 64.262 mln, including authorized capital advanced 29% to settle at AZN 53.685 mln.
Note that, total income and expenditure slipped 2.6% to AZN 63.836 mln and AZN 51.447 mln. Profit made AZN 12.388 mln.
Technikabank has been in operation since 1993. The bank operates 35 branches, 60 ATMs and 115 POS-terminals.
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