Bank Of Baku

Texnikabank sees 24% rise in assets year-on-year

Texnikabank sees 24% rise in assets year-on-year
# 15 March 2012 14:06 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of March 1, 2012, the volume of Texnikabank’s assets made AZN 641.7 mln, up 23.6% compared to last year.

During the reporting period, loan portfolio of the bank rose 20.8% to AZN 456.9 mln, deposit portfolio increased by 32.2% to AZN 327.4 mln.

Total capital soared 50.42% to AZN 99.8 mln, as well as authorized capital grew by 20.65 to AZN 64.8 mln. The number of issued plastic cards rose 34.5% to 66,673, ATMs grew by 71% to 106, POS-terminals rose 32 times to 3,364.

Remind that, Texnikabank was founded in 1993. It has 35 branches and 770 employees across the country.
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