Incomes of Azerbaijani Texnikabank up almost 16% in May
Azerbaijan, Baku, June 12 / Trend /
Incomes of the Azerbaijani Texnikabank as of May 2009 increased by 15.64 percent and mounted to 28.7million manat.
The growth of incomes was 23.12 percent as of May and hit 8.5 million manat by the end of the mentioned period.
Over five months of the year, bank's aggregated capital increased by 15.3 percent and hit 59.92 percent.
As of May 31, 2009, assets of Texnikabank reached 447.6 million manat. As of five months of 2009, bank's assets made up 1.93 percent.
Bank's credit portfolio hit 344.5 million manat. This represents 5 percent increase compared to the previous year. As of May 31, 2009, the volume of consumer credits by individuals hit 60.7 million manat.
Bank's deposit portfolio increased by 3.5 percent in May and reached 140.9 million manat as of May 31, 2009. Deposits with fixed period hit 8 percent in May. Deposits by the population reached 80.2 million manat by the end of May, out of which 87.1 percent accounted for deposit with fixed period.
By the end of May, bank issued 38,500 plastic cards. Bank has 48 ATMs and 340 POS-terminals.
The deposit with fixed period was founded in 1993. The bank is one of the leading banks in the country. Bank has 35 branches and five offices which offer all banking services to individuals and legal entities in the capital and regions of Azerbaijan.
On June 12, the official exchange rate is 0.8038 manat to $1.
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