OREANDA-NEWS. January 22, 2010. Following 2009 overall profit of Texnikabank OJSC totaled AZN 65.6 million, including interest and non-interest income of AZN 53.4 million and AZN 12.2 million respectively.

The Bank says that for the past year its net profit reached AZN 12.7 million.

“Last year we increased our overall capital by 16.2%, including by 3% in December alone, and by the end of 2009 it reached AZN 59.9 million. The volume of charter capital kept at the level of AZN 41.7 million. Following the past year our capital profitability made up 23.0%,” the Bank said.

Compared with the beginning of 2009 Texnikabank’s assets rose by 4% up to AZN 467.8 million by the end of last year. Folowing 2009 profitability of Bank’s assets reached 2.82%.

The Bank kept deposit portfolio growth rate in 2009 and increased it up to AZN 183.4 million by the end of last year.

Overall volume of fixed deposits placed in Texnikabank since the beginning of 2009 grew by by 24.3% and reached AZN 97.9 millio by late 2009.

Compared with early 2009, the volume of population’s fixed deposits in the Bank increased by 18.9% up to AZN 93.6 million. Following the past year Bank’s loan portfolio was AZN 352 million that exceeds the figure by early 2009 by 7.1%. By the end of the reported year the volume of Texnikabank’s portfolio of consumer loans reached AZN 30.8 million.