Texnika Bank Announces about RoA of 0.4% and RoE of 3.07%
OREANDA-NEWS. August 20, 2010. One of leading private credit institutions of Azerbaijan, the Texnika Bank OJSC , announced about assets in the amount of AZN 461.834 million on 1st August, 1st with total capital to the sum of AZN 57.319 million, including charter capital in the amount of AZN 53.685 million.
Over 7 months of the year, its total revenue made AZN 37.287 million and net profit – AZN 1.842 million, the bank informed. As the result, return on assets (RoA) totaled 0.4% and return on equity (RoE) – 3.07%.
For comparison, according to data of the Central Bank of Azerbaijan (CBA), by 1st July, RoA of the country’s banking system made 1.2% and RoE – 8.8%.
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