Turanbank increases profit by 22%
Bank says the loan portfolio rose 35.6% to AZN 95.481 mln, consumer lending increased by 2.4 times to AZN 14.282 mln, deposit portfolio extended 54.3% to AZN 45.502 mln and population’s deposit rose 67% to AZN 39.741 mln. Total capital increased by 8.4% to AZN 22.012 mln, authorized capital by 8.8% to AZN 18.50 mln.
Income made AZN 11.308 mln, up 30% compared with a year ago. Expenditure gained 32% to AZN 8.518 mln. Profit climbed 22.2% to AZN 2.789 mln.
Turanbank has been in operation since 1992. The bank operates 11 branches, 12 ATMs and 73 POS-terminals.
Finance
Customs duty exemption to be introduced for exports of goods produced in the Alat Free Economic Zone
Nearly 2 billion manats to be allocated for financing the State Program on Agriculture through 2030
Finance Minister: Reducing the state budget's dependence on oil revenues is one of the main priorities
Azerbaijani Parliament approves 2025 state budget execution in third reading
NEWS FEED
Israel's so-called "Armenian genocide" decision: Azerbaijan once again became the first to stand by Türkiye - ANALYSIS
President Ilham Aliyev offers condolences to Delcy Rodríguez over earthquake in Venezuela
First meeting of heads of religious affairs institutions of OTS member states held in Shusha - PHOTO - UPDATED
Heads of OTS religious affairs institutions tour Shusha - PHOTO
Iran: Speaker Ghalibaf's visit to Baku was successful
Milli Majlis Support Group calls for granting Corsican people the broadest autonomy
Iran FM: No separate meeting with the US planned in Doha, discussions will focus on memorandum
Final communiqué signed following First Meeting of OTS religious affairs chiefs in Shusha - PHOTO
Rutte: Claims that the US is distancing itself from NATO are not true
Samvel Karapetyan claims Armenian opposition has "secret plan" to remove Pashinyan from power
Germany and the Netherlands take command on NATO's eastern flank
State Commission announces burial ceremonies for six more missing martyrs
US envoy Witkoff and Kushner will be in Qatar, but no meeting with Iran, Qatari official says
Morgan Stanley cuts Brent price view as Hormuz flows recover, flags 2027 surplus
EU allocates €3.9 billion for drones for Ukraine under €90 billion loan package
Fuel sales restricted in Russia's Altai Republic from July 1 to September 1
Kremlin to keep names of fuel supplier countries confidential
Armenian PM to attend Ali Khamenei's funeral ceremony in Tehran
Zelenskyy: Ukrainian long-range strike hits Russia's Dubna Space Communications Center again
Uzbek committee chairman: Strengthening cooperation in religion and education across the Turkic world is essential
ICMP chief: More mass and clandestine graves remain to be discovered - INTERVIEW
2 members of Iran's IRGC killed in shooting: Reports
Azerbaijani and Kazakh foreign ministers hold phone call
Türkiye strengthens air defense capabilities, considers acquiring SAMP/T and Patriot systems
Azerbaijan identifies new grounds for temporary restriction of internet information resources
Azerbaijan moves to tighten penalties for repeated online gambling
International conference on missing persons held in Baku - PHOTO - UPDATED
Talantbek Tashybekov: Strengthening coordination on religious policy within the OTS is essential
International congress held in Baku as part of Turkic World Week
Customs duty exemption to be introduced for exports of goods produced in the Alat Free Economic Zone
State Commission: Azerbaijan to acquire specialized underground radar systems for missing persons searches
Safi Arpaguş: Turkic states should strengthen coordination in religious affairs
OTS Secretary General: New cooperation format on religious affairs will contribute to social cohesion and stability
Ramin Mammadov: Foundation laid in Shusha for OTS' first multilateral platform in the religious sphere
Georgian speaker: Azerbaijan-Armenia peace process creates cooperation opportunities for the region
Nearly 100 bcm of Azerbaijani gas transported via TANAP to date
Uzbekistan's Culture Minister: Unity is essential in the face of threats
ANAS: Acts of culturicide documented in the liberated territories
Azerbaijan moves to revise legislation on IDP status
Azerbaijan to establish Permanent Settlement Fund in liberated territories
Azerbaijan to gradually transition IDP social support system to new model
Azerbaijan introduces fines for violations by age-restricted social media platforms
Azerbaijan introduces new requirements for children's registration on social media platforms
Nearly 2 billion manats to be allocated for financing the State Program on Agriculture through 2030
Director: One person's remains are sometimes found in several mass graves
Finance Minister: Reducing the state budget's dependence on oil revenues is one of the main priorities
Adalat Hasanov: Forensic examinations revealed injuries on bone remains belonging to 454 individuals
Azerbaijan to hand over remains of six more identified martyrs to families
Working Group: Armenia has yet to respond on missing persons despite promising to review the list
Rufat Aliyev: Modern technologies at Genetic Research Center pave way for international cooperation on missing persons