Bank Of Baku

Turanbank is going to obtain international rating

Turanbank is going to obtain international rating
# 06 June 2011 08:40 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Turanbank intends to obtain international rating by the end of 2011, Deputy Chairman of Board of Directors Fazail Musayev told APA.

According to him, the bank has held meetings with Moody’s International and Fitch international rating agency. According to preliminary agreement Turanbank will obtain international rating by the end of the ear. The rating grade will cover all spheres of bank, including assets and risks management.

Musayev says bank’s total financial indexations will create condition to obtain positive rating grade.

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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