Texnikabank Says at most 5.6% of Its Loan Portfolio Is Problematic
OREANDA-NEWS. February 10, 2011.Texnikabank has announced that not above 5.56% of its loan portfolio remains problematic.
As of 1 February 2011 Bank’s loan portfolio exceeded 340.666 million manats, and loans for the 18.952 million manats turned out problematic (over 90 days overdue). Consumer lending amounted to 27.657 million manats or 8.1% of the loan portfolio.
By 1 February the Bank raised the deposits for 247.061 million manats, including individuals’ newly-opened deposits for 184.705 million manats (74.76% of the deposit portfolio).
By the reported date, Texnikabank’s assets amounted to 496.879 million manats. Thanks to the net profit that exceeded 0.748 million manats (earnings of more than 4.258 million manats and expenditures of over 3.509 million manats), Bank’s return on assets (RoA) made up 0.15% and return on equity (RoE) 1.06% . The Bank’s capital is 64.544 million manats and authorized capital 53.685 million manats.
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