OREANDA-NEWS. November 15, 2011. One of the largest private banks of Azerbaijan, Texnikabank OJSC, has reported on activities for last 10 months.

The Bank reports that its assets reached AZN 596.748 million by 1 November with overall capital of AZN 102.89 million, including authorized capital of AZN 64.755 million. For Jan-Oct 2011 Bank’s earnings amounted to AZN 50.367 million and expenditures AZN 43.585 million. Net income was registered at the level of AZN 6.768 million.

As a result, by the reported date Texnikabank’s return on assets (RoA) was 1.22% and return on equity (RoE) 9.12%.