Baku. Elnur Huseynguluyev – APA-Economics. In accordance with its strategic plan, Azerbaijan-based Azer-Turk Bank plans to establish 10 branches next year, said Mehmet Sami Acarozmen, Chairman of the Board.
“We plan to open 5 branches in Baku and 5 in regions, including Khachmaz, Lenkeran, Guba, Zaqatala və Sheki,†he added.
At present the bank has 2 branches in Baku and Gandja.
As at July 1, Azer-Turk Bank’s assets stood at AZN 37.463 million, loan portfolio at AZN 26.133 million, deposit portfolio at AZN 22.936 million, total capital at AZN 11.258 million and authorized capital stood at AZN 10 million.
In 1995 AzerTurkBank was established by Turkish T.C.Ziraat Bankasi A.S. (46%), German Ziraat Bank International AG (4%), Azeri Agrarcredit (46%) and Turanbank (4%).
Azer-Turk Bank intends to open 10 branches next year
15 September 2008 08:44 (UTC +04:00)
İDMAN XƏBƏR
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