OREANDA-NEWS. April 19, 2010. Texnikabank OJSC summarized the activity in the first quarter of 2010.

In accordance with summary indices on 1st April, volume of assets of Texnikabank OJSC totaled AZN 452.6 million with growth in comparison with index of similar period of 2009 by 4.9%.

“By reporting period deposit portfolio of the bank made AZN 173.671 million, including AZN 114.221 millions of the popilation’s fixed deposits. By 1st April 2010 loan portfolio of the bank totaled AZN 326.59 million,” the bank informed.

Durign the first quarter of the year, total capital increased to AZN 58.5 million and charter capital amounted to AZN 53.7 million with growth by 99.5%.

“In January to March 2010, summarizing the results of activity of Texnikabank OJSC, revenue of the bank amounted to AZN 16.55 million with expenses to the sum of 15.846 million. By 1st April, net profit of the bank totaled AZN 703,540,” the bank informed.

Texnikabank OJSC was set up in 1993 and is included in the first group of five of Azerbaijani bank sector at present.