Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, Azerbaijan-based Turan Bank’s assets stood at AZN 101.3 million, up 17.7% on a year earlier.
The bank said loan portfolio rose by 8.9% year-on-year to AZN 70.4 million, total capital went up by 13.9% to AZN 20.3 million and authorized capital grew by 13.3% to AZN 17 million.
Revenue rose 20% to AZN 12 million and expenditure reached AZN 9.7 million.
The remaining profit increased by 10.3% year-on-year to AZN 2.3 million.
Turanbank, owned by 5 legal and 20 individual bodies, has been in operation since 1992. The bank operates 11 branches throughout the country.
Turan Bank achieves 18% year-on-year growth in assets
19 October 2009 15:21 (UTC +04:00)
İDMAN XƏBƏR
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
Finance
US and European stock markets continue to decline
08:56
24 October 2026
Operations not covered by compensation for export clearance costs determined
17:35
23 October 2026
Azerbaijan's state budget revenues and expenditures unveiled
10:38
23 October 2026
Azerbaijan raises expected dividends from state-owned companies by AZN 17 million
10:21
23 October 2026
NEWS FEED
Clashes erupt between protesters and police in France
16:19
24 October 2026
Feasibility study for Green Energy Corridor completed
15:20
24 October 2026
Investments in Green Energy Corridor estimated at 22.1 billion euros
14:45
24 October 2026
Son of MP Arzuxan Alizade detained over fatal incident in Baku
14:20
24 October 2026
Saudi-led coalition says it intercepted 2 Houthi ballistic missiles targeting Saudi cities
14:14
24 October 2026
Gold price falls below $4,000
12:31
24 October 2026
Starshield operations restored to speeds of more than 400 km/h, Ukraine's Defense Ministry says
12:29
24 October 2026
Three killed in Ukrainian attack on Russia's Oryol city
12:27
24 October 2026
Iran's oil revenues exceeded $1.5 billion last month
12:26
24 October 2026
Azerbaijan's Foreign Ministry condemns armed attack on church in Jordan
12:06
24 October 2026
Four Philippine Air Force pilots killed in training accident - VIDEO
11:21
24 October 2026
North Korea's Kim Jong Un visits China via Dandong bridge, Yonhap says
10:38
24 October 2026
Azerbaijani oil price approaches $127
10:21
24 October 2026
Azerbaijan's Foreign Ministry shares post on UN Day
10:12
24 October 2026
President Zelenskyy reveals conditions for a deal to end Russia's war against Ukraine
09:54
24 October 2026
US orders diplomats’ family members to leave seven Middle Eastern countries
09:47
24 October 2026
Oil prices surge sharply on global markets
09:15
24 October 2026
US and European stock markets continue to decline
08:56
24 October 2026
Czech president says Russia shows no readiness for peace talks
08:37
24 October 2026
Germany plans to buy thousands of long-range missiles – Bloomberg
06:52
24 October 2026
Zelenskyy: Russia produces 140 ballistic missiles a month
05:55
24 October 2026
US orders embassy staff and families to leave Saudi Arabia
04:24
24 October 2026
Rubio: Donbas is the main point of contention in Ukraine war
03:51
24 October 2026
Trump: We may do another operation against Iran
02:42
24 October 2026
IMF names conditions under which Ukraine will get help with 2027 budget
01:20
24 October 2026
Dutch KLM cancels dozens of flights due to strong winds, spokesperson says
00:53
24 October 2026
United States will release 400,000 barrels of oil from the strategic reserve
00:10
24 October 2026
US to remove tariffs on some Canadian goods
23:45
23 October 2026
Araghchi: Pezeshkian plans to visit Russia next week
23:29
23 October 2026
Trump wants to rename Hormuz to Trump Strait
23:06
23 October 2026
Moldova moves to expel one Russian embassy employee
22:55
23 October 2026
Poland plans to invest $3.8 billion in the construction of US military base
22:40
23 October 2026
Devlet Bahçeli: Azerbaijan-Türkiye brotherhood holds strategic importance for future of Turkic world
22:26
23 October 2026
Zelenskyy says Ukrainian, Russian and US negotiators to meet in early November in Abu Dhabi
22:11
23 October 2026
Yaşar Güler: Türkiye will not engage in military confrontation with the Houthis
21:49
23 October 2026
Indian FM visits Ateshgah fire temple in Baku
21:39
23 October 2026
Vincent Kompany hospitalised after collapse at Bayern Munich training
21:12
23 October 2026
Russia declares ceasefire in Kherson region
20:55
23 October 2026
World's largest passenger plane manages to land in Moscow following drone threat-UPDATED
20:32
23 October 2026
Robert Kocharyan's period of arrest extended for another 2 months
20:22
23 October 2026
Azerbaijani ambassador to Türkiye meets Devlet Bahceli
19:40
23 October 2026
Trump weighs quick end to Iran war against letting conflict ‘wither’
19:29
23 October 2026
MFA: All Azerbaijani citizens aboard ship attacked near Romanian coast rescued
18:54
23 October 2026
Rosaviatsiya: Moscow's airspace completely closed
18:37
23 October 2026
Ukraine attacks Moscow airports with balloon-controlled drones
18:36
23 October 2026
Journalist arrested in Georgia for spreading false information about Keshikchidagh
18:28
23 October 2026
Netanyahu orders ‘very extensive’ operation in West Bank after two Israeli soldiers killed
18:20
23 October 2026
Azerbaijan represented with special stand at UN Day event in Turkmenistan
17:47
23 October 2026
Azerbaijan approves rules for recognition of conformity documents issued in foreign countries
17:39
23 October 2026
Rules for determining Azerbaijani origin of non-oil and gas goods approved
17:36
23 October 2026
