Bank Of Baku

Texnikabank sees 11% rise in loan portfolio year-on-year

Texnikabank sees 11% rise in loan portfolio year-on-year
# 16 April 2012 08:52 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2012, assets of Texnikabank made AZN 576.252 mln, up 5.65 compared to last year.

During the reporting, loan portfolio of the bank rose 11.4% to AZN 425.614 mln, consumer loans dropped 9.3% to AZN 27.688 mln, deposit portfolio decreased by 6.2% to AZN 258.5 mln.

Total capital during this period grew by 53% to AZN 99.997 mln, as well as authorized capital rose 5.6% to AZN 68.362 mln.

Remind that, Texnikabank was established in 1993. It has 35 branches and 637 employees across the country.
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