Bank Of Baku

Technikabank to open representative offices in Russia and Turkey

Technikabank to open representative offices in Russia and Turkey
# 17 October 2008 12:40 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. Azerbaijan’s Technikabank intends to open representative offices abroad in 2009.
The bank said negotiations are under way to establish the first offices in Russia and Turkey.
As of October 1, Technikabank’s assets stood at AZN 439.644 million, loan portfolio at AZN 78.663 million, total capital at AZN 57.438 million and net profit at AZN 20.042 million.
The bank operates 35 branches, 2 offices and 3 exchange offices, 46 ATMs and 327 POS terminals across the country.
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