Baku. Elnur HUseynguluyev – APA-Economics. Azerbaijan-based Turanbank intends to increase the loan portfolio by 10% to AZN 120 mln, by the end of 2011, said the chairman of Supervisory Board Fuad Musayev.
According to him, authorized capital will also increase at the second half of 2011. This growth is related to Turan Leasing’s operation as OJSC disconnecting from bank.
He noted that, the growth of authorized capital is discussed by Board of directors and this sum will be determined, soon.
Remind that, Turanbank has been in operation since 1992. THE bank operates 11 branches, 16 ATMs and 74 POS-terminals across the country.
Turanbank’s main financial indexations are expected to increase this year
23 June 2011 08:21 (UTC +04:00)
İDMAN XƏBƏR
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