TuranBank ends first half of 2015 with loss

TuranBank ends first half of 2015 with loss
# 24 July 2015 15:11 (UTC +04:00)

Baku. Vusal Nabiyev – APA-Economics. As of July 1, TuranBank’s assets stood at AZN 388.8 mln, up 38% from previous year, 21% from early 2015.

Bank says compared to a year earlier, the loan portfolio rose 28% to AZN 255.7 mln, customer accounts and deposit portfolio surged 23% to AZN 172.8 mln, individuals’ term deposits went up 26.4% to AZN 82.3 mln, authorized capital advanced 6% to AZN 50 mln, total capital made AZN 52.3 mln.

In January-June the incomes amounted to AZN 16.481 mln, expenditures to AZN 16.766 mln.

Loss stood at AZN 285,000.

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