Texnikabank’s ROE Rose up to 8.5% with ROA of 1.1%
OREANDA-NEWS. October 17, 2011. One of the largest private banks in Azerbaijan, Texnikabank, has reported on activities for 9 months of 2011.
The Bank informs that its assets reached AZN 587.849 million by 1 October with overall capital of AZN 102.699 million, including share capital of AZN 64.755 million. Over Jan-September Texnikabank’s earnings totaled AZN 44.604 million and expenditures AZN 33.864 million. Net income was registered at the level of AZN 6.216 million.
As a result, by the reported date return on assets (RoA) of Texnikabank made up 1.13% and return on equity (RoE) 8.47%.
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