
Raising tendency was kept in all other indices of the bank
During May of the current year the general incomes of the Technikabank OJSC rose for 15.64% and by the end of the reporting period constitute 28.7 million manats. Increase in the interest income was 23.12% during the month. By the end of the reporting period net profit of the bank rose to 8.5 million manats.
During 5 months of the current year the aggregate equity of the bank was increased for 15.3% and constitute 59.5 million manats by the end of May. The incomes from the capital were equal to 15.92% during the last 5 months.
By the May 31, 2009 the assets of Technikabank OJSC constituted 447.6 million manats. During 5 months of the current year the incomes of the assets of the bank were equal to 1.93%.
By the end of the reporting period the loan portfolio of the bank constituted 344.5 million manats and this is 5% more than the similar index for the beginning of the year. By the May 31, 2009 the consumer loans given to the private persons by the bank was equal to 60.7 million manats.
During May the volume of the deposit portfolio of the bank was increased for 3.5% and constitute 140.9 million manats. During May the increase of the term deposits was equal to 8%. By the end of May the volume of the deposits of the population constituted 80.2 million manats and 87.1% out of them are term deposits.
The number of the plastic cards issued by the bank constituted 38.5 thousand by the end of May, 48 ATMs and 340 POS terminals of the bank are serving to the population.
Technikabank OJSC was established in 1993 and the bank is among the best five for the main indices in the bank sector of the country. The bank possesses the widest branch network among private banks. 35 branches and 5 service and exchange departments of the bank deliver all types of banking services to the corporate and private clients in Baku and most regions of Azerbaijan.