Assets of Technikabank OJSC for January 01, 2009 complement 450,1 million manats, that is 27% more than the same index for January 01, 2008.
During the reporting period the loan portfolio of the bank was increased for 28.4% and is equal to 337,691 million manats. At the same time the scale of the consumer loans was increased for 30.4% and is equal to 64,356 million manats.
The Aggregate Capital of Technikabank was increased for 37,9% and reached 51,565 million manats, and Authorized Capital remained unchanged – 26,912 million manats.
During 2008 total Income of the bank was increased for 72,5% and complement 73,779 million manats, and expenditures were increased for 2,1 times and complement 56,241 million manats. In the result the profit of the bank was increased for 18,7% and complement 17,538 million manats, net profit was increased for 20,7% and is equal to 13,822 million manats.
During the reporting period the investments of Technikabank to the economy of the country were increased for 9,4 times and is equal to 2,338 million manats, total taxes payments to the state budget were increased for 19% and complement 3,716 million manats.
At the same time during the reporting period bank opened 4 branches and placed 59 POS terminals. The number of employees of the bank was increased for 20.2% and reached 577 persons.
We should note that Technikabank operates in Azerbaijan since 1993. At present 35 branches, 3 exchange and 2 service points of the bank are operating all over the country.