Profile

TechnikaBank is a open joint stock company founded in 1993. It is one of the largest private banks in Azerbaijan. With 25 branches spread out across the country TechnikaBank is the largest private bank in Azerbaijan in terms of branch network. The business strategy of the bank and its flexibility to adapt itself to changing market conditions has enabled TechnikaBank to operate efficiently and profitably throughout its ten-year history.  Since obtaining a license for banking activity and foreign currency operations in 1994 TechnikaBank has served thousands of clients with reliable and high quality service. The scope of the bank's activity widened even further in 1998 when TechnikaBank was granted a license for issuing Letter of Credit. Moreover, the bank has been an active member of the Baku Interbank Currency Exchange since 1998. Technikabank has been a member of SWIFT and AZIPS since 2001. As a result, the bank is now capable of making worldwide money transfers very swiftly. Since 2001 the consumers can pay their utility bills at TechnikaBank's branches spanning most of the city of Baku. Moreover, customers of the bank can pay the mobile phone bills at any one of TechnikaBank’s branches. In addition, the bank has been providing the public with services of Western Union money transfers since year 2002. In order to present customers with a wider spectrum of options in regards to money transfers, TechnikaBank has added 3 more options to money transfers in 2003 including CONTACT, MIGOM and VIP VMT. The National Bank of Azerbaijan Republic has granted TechnikaBank a license for conducting conversion operations in foreign exchange markets in January of 2002. This is a reflection of the bank's commitment to widen its activities in the international arena. TechnikaBank has entered into the Electronic Cards market on June of 2002. In March of 2004 TechnikaBank was admitted to the Association of VISA International.  The bank currently offers both debit and credit cards that are accepted worldwide. Now Technikabank offers Visa Gold, Visa Classic and Visa Electron Cards.  The bank is negotiating with the Association of VISA International to introduce new VISA products in Azerbaijan. In 30 January 2005 Technikabank became the first private bank in the history of Azerbaijan Banking System to win the tender by the Ministry of Finance of Azerbaijan to be an agent-bank for the local treasury office.

Mission

Our goal is to provide customers with high quality bank services, to meet modern standards and to be always on the top as a leading credit organization among financial institutions of Azerbaijan. Each employee of Technikabank OJSC contributes to our success and value set-up. Basing on talent and perspectives our teamwork is set to stimulate our activity with new creative ideas. Technikabank OJSC extends its corporation with worldwide foregoing financial institutions, provides latest information technologies to increase customers’ satisfaction. We will maintain transparency of our operations and financial indicators as well as a just presentation of our assets and resources.

Services

• Receiving deposits from legal and physical persons (till demands, in temporary deposit type or in other type not being against legislation);
• Giving credit in accordance to agreement with obliged;
• Opening account for physical and legal persons and operating accounts;
• Collecting money, vecsells, payment ant accountable documents, performing cash service to physical and legal persons;
• Give bank guarantees;
• Opening letter of credit and operating it;
• Creating correspondent attitude in foreign currency with local and foreign banks;
• Conducting non trade operation;
• Conduction operating of sale and purchase of foreign currency in internal and foreign currency market;
• Performing operation and other services with local plastic cards;

"TECHNIKABANK" COMMERCIAL BANK offers you bilateral effective corporation in operating financial stocks of you organization, it guarantees suitable and believable traditional and modern bank services complex. "TECHNIKABANK" COMMERCIAL BANK performs services for any kind of clients. We eliminated the results of happening cataclysms in economy life of republic and managed to keep our clients. The physical persons founders of Bank are citizens of Azerbaijan Republic.
 
Branch Network

The reputation and reliability of the bank is built upon many components, such as experience in the field, capital, financial indicators, and ethical relationships with clients, quantity and quality of services offered. The orientation to the real sector of economy is the strategic direction of the Bank activity. The network of branches is also the indicator of the Bank's popularity among the population. Technikabank has 25 branches at present.
The Bank is seeking to ensure companies and inhabitants of all the regions of Azerbaijan have convenient access to all banking services, and the network of branches is meant to deal with this task. Opening each branch is a very responsible step, demanding careful study of the regional economy and prospects of development. All the branches are included into common information network with the access to the computing center of the Bank. This allows the clients to make account transactions in any branch. Offering a full complex of services, the branches play very important role in attracting and serving the clients.

Our address

17 H.Aliyev ave
AZ 400, Guba, Azerbaijan
Tel: (994 169) 5-09-70