
Dynamic increase is also felt in other main indexes of the bank.
Assets of “Technikabank” OJSC were increased for 3.3% during February and in comparison with the same period of the last years the increase was 27.2%, and by March 01, 2009 the total assets of the bank are equal to 444.2 million manats.
During February of the current year the aggregate equity of the bank was increased for 3.5%, during the last year the increase was 47.9% and constitutes 56.9 million manats.
By March 01, 2009 the loan portfolio of the bank was equal to 337.4 million manats, as well as the consumer loans to the clients constitute 61.3 million manats. By the end of the reporting month the deposit portfolio of the bank was 154.1 million manats, as well as the deposits of the individuals was equal to 86.6 million manats.
By the end of the reporting months the net income of the bank constitute 5.76 million manats, that is the 198.2% increase when comparing with the same period of the last year and 44.5% increase when comparing with January of the current year.
By the end of the reporting period the profit of the bank assets (ROA) was equal to 1.32%, and profit of the equity (ROE) was 11.18%.
By March 01, 2009 the bank issued 41 237 plastic cards, 47 ATMs and 332 POS terminals of the bank are operating all over the country.
Established in 1993 “Technikabank” OJSC is among the best five banks in the country for the main indexes. Bank possesses the widest branch network among the private banks in Azerbaijan. 35 branches and 5 departments are offering all types of banking services for the corporate and individual clients at the territory of the capital and most regions of Azerbaijan.