...

Texnika Bank’s aggregated capital increases

Business Materials 16 March 2009 14:42 (UTC +04:00)

Azerbaijan, Baku, March 16 / Trend /

Texnika Bank's assets increased 2.3 percent in February and 27.2 percent compared to last year, and hit 444.2 million manat on March 1.

In February, the bank's aggregated capital increased 3.5 percent and hit 56.9 million manat.

As for early March, the bank's loan portfolio was 337.4 million manat. Its deposit portfolio was 154.1 million manat.

Texnika Bank's net profit was 5.76 million manat by the end of February, which was 198.2-percent more than in February 2008.

The bank's returns on assets hit 1.32 percent and returns on equity - 11.18 percent.

As of March 1, the bank emitted 41,237 plastic cards and 47 ATMs and 332 POS-terminals.

Texnika Bank was established in 1993 and is one of the top 5 banks in the banking sector. The bank has the largest branch network among private banks in the country.

On March 16, the official exchange rate is 0.8045 manat to $1.

Do you have any feedback? Contact our journalist at: [email protected]

Latest

Latest