Bank Of Baku

Technikabank gets 20% rise in the number of plastic cards in active use

Technikabank gets 20% rise in the number of plastic cards in active use
# 17 November 2008 15:10 (UTC +04:00)
Baku. Elnur Huseynguliyev – APA-Economics. As of November 1, the number of active plastic cards of Azerbaijan’s Technikabank reached 41 309, up 20.3% on a year ago.
The bank said it is planned to increase the number of ATMs to 50, POS terminals to 400 and cards to 45 000 by the end of this year.
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, 5 exchange bureaus, 48 ATMs and 327 POS terminals across the country.
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