Bank Of Baku

Turanbank increases term deposits by 30%

Turanbank increases term deposits by 30%
# 25 April 2011 09:50 (UTC +04:00)
Baku. El;nur HUseynguluyev – APA-Economics. As of April 1, 2011, Azerbaijan-based Turanbank’s deposit portfolio stood at AZN 45.185 mln, down 6.6% from year earlier.

Bank says the term deposits rose 29.2% to ANZ 35.712 mln, demand deposits dropped 2.2 times to AZN 9.473 mln, population’s deposits soared 8.4% to AZN 40.161 mln.

Remind that, Turanbank has been in operation since 1992. The bank operates 11 branches, 16 ATMs and 74 POS-terminals across the country.
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