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Turanbank sees 28% rise in Q1 assets

Turanbank sees 28% rise in Q1 assets

13 July 2012 08:33 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of July 1, 2012, Turanbankâ€™s assets made AZN 192.2 mln, up 28.2% compared to last year.

During the reporting period, loan portfolio rose 26.8% to AZN 146.3 mln, term deposits rose 8.4% to AZN 51.9 mln.

Total capital rose 6.9% to AZN 26.5 mln, authorized capital rose 8.2% to AZN 23.8 mln.

Turanbank has been in operation since 1992. It has 11 branches, 16 ATMs, 74 POS-terminals and 239 employees across the country.

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