Technikabank extends deposit portfolio by 60% year-on-year

Technikabank extends deposit portfolio by 60% year-on-year
# 13 April 2011 11:16 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based Technikabank’s assets stood at AZN 545.6 mln, up 20.6% from year earlier.

Bank says loan portfolio rose 10% to AZN 382.21 mln, deposit portfolio extended 59% to AZN 275.68 mln.

Total capital soared 11.8% to AZN 65.346 mln, including authorized capital surged 20.6% to AZN 64.755 mln.

Note that, income made AZN 13.206 mln, expenditure – AZN 10.396 mln. Profit stood at AZN 2.810 mln.

Besides, bank’s plastic cards rose 4.52% to 51 323, ATMs increased by 42.1% to AZN 81 and POS-terminals – 74.5% to 602.

Remind that, Technikabank has been in operation since 1993.
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