Loan portfolio of BankTechnique increased by one third while reducing the population"s deposits

Since the beginning of the year the loan portfolio of commercial bank JSC BankTechnique has grown by more than a third (+ 35.7%) and amounted to 391,501,610 manat by July 1.

According to the bank, in the first half of the year, its assets increased modestly (+11.3%), reaching 580 789 670 manat with obligations of 516 437 200 manat (+ 14.2%).

Deposit portfolio by July 1, decreased by 3.3%, amounting to 301,668,040 manat, the share of household deposits a little reduced (minus 1.4%) to 197,515,320 manat.

Shareholders' equity amounted to 64,352,470 manat (minus 7.5%) at a constant in the authorized capital of 75.1 million manat (1.5 times the standard of CBA).

The bank in the first half year worked at a profit - after deductions 289,600 manat was left.

JSC BankTechnique (previously Tekhnikabank) was established in 1994. --17D-

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