Texnikabank Reports 15% of RoE and around 2% of RoA
OREANDA-NEWS. December 13, 2010. Azerbaijan’s Texnikabank has announced that as of 1 December 2010 its assets exceeded 486.53 million manats.
The Bank informs that thanks to the net profit that exceeded 9.236 million manats (with earnings of more than 54.467 million manats and expenditures of over 48.169 manats), its return on assets (RoA) made up 1.98% and return on equity (RoE) 14.93% by the reported date.
The Bank’s capital is 64.751 million manats with authorized capital of 53.685 million manats.
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