Baku. Musa Ahmadov – APA-Economics. As of October, 2014, Azerbaijan-based Turanbank’s assets stood at AZN 278.4 mln, up 16.8% from previous year, 13.9% from end of last year.
Bank says the loan portfolio rose 18% (20% compared to end of 2013) to AZN 212.5 mln.
Customer accounts and deposit portfolio made AZN 131.7 mln, individuals’ term deposits stood at AZN 67.7 mln.
Authorized capital raised 17% to AZN 47 mln, total capital soared 14% (22% from end of 2013) to AZN 55 mln.
Incomes made AZN 24.267 mln, expenditures – AZN 18.652 mln. Balance profit amounted to AZN 5.615 mln.
The bank operates 15 service and 17 currency exchange points.
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