Technikabank extends $40 million in loan to 32 major projects in November-December

Technikabank extends $40 million in loan to 32 major projects in November-December
# 02 December 2008 15:35 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. Azerbaijan’s Technikabank lent AZN 16.1 million to 26 major projects in the real sector in November, said Khagani Guluzada, deputy chairman of the bank.
He said AZN 15 million will go to 6 more projects in December.
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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