TuranBank’s assets jump

As of 31 December 2011 TuranBank’s assets made AZN 173.3 million rising by 31,9% last year. The bank reports that for the reported date its credit portfolio balance made AZN 121.6 million (+16,9% versus 2010). Deposit portfolio increased by 66,8% and made AZN 73.7 million. Urgent deposits in it amounted to AZN 40.7 million increasing by 27.1%.

Last year the Bank’s aggregated capital rose by 9.8%- up to AZN 26 million. Equity capital made AZN 22 million (+10%). At that 5 legal entities owned 21.54% of shares and 21 individuals- 78.46%.

In 2011 TuranBank’s revenues made AZN 18.7 million (+20.6%) and expenditures- AZN 15.1 million. The bank’s balance profit amounted to AZN 3,6 million (+5.8%).

At present the banks has 12 branches operating in the country (6 of them are located in regions : Ganja, Sumgait, Tovuz, Zagatala, Agstafa and Khachmaz) and 20 exchange offices.


/abc.az/