Bank Of Baku

Turanbank borrows loan from abroad

Turanbank borrows loan from abroad
# 27 March 2012 10:53 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Turanbank and French Societe Generale bank have signed a contract on borrowing of $1 mln, said the chairman of Board of Directors Nazim Sadigov.

According to him, the loan will be directed to micro and small business.

Turanbank cooperates with several international organizations in involving of financial resources from abroad.

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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