OREANDA-NEWS. November 15, 2011. Texnikabank, one of the largest private banks of Azerbaijan, has reported on activity for January-October of 2011.

The Bank says that its loan portfolio by 1 November reached AZN 404.871 million, including consumer loans for AZN 36.381 million.

Being one of the country’s few lending institutions, Texnikabank provides information about problem loans (more than 90 days in arrears). As of 1 November, their amount totaled AZN 61.132 million. As a result defaulted loans exceeded consumer crediting already by 68.03% versus 72.2% a month earlier.

Bank’s deposit portfolio by the reported date reached AZN 281.359 million, including retail deposits for AZN 206.444 million.

Bank’s assets reached AZN 596.748 million by 1 November with overall capital of AZN 102.893 million, including charter capital of AZN 64.755 million. Over the ten months of 2011 Bank’s earnings amounted to AZN 50.367 million and expenditures AZN 43.585 million. Net income was fixed at the level of AZN 6.768 million.

As a result, Texnikabank’s return on assets (ROA) made up 1.22% and return on equity (ROE) – 9.18%.