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Turanbank gets 15% growth in assets

Turanbank gets 15% growth in assets

22 November 2013 09:20 (UTC +04:00)

Baku. Nail Huseynli - APA-Economics. As of November 1, 2013, Azerbaijan-based Turanbank’s assets stood at AZN 237.33 mln, up 14.9% from 2012, 9.3% - from the beginning of the year.

Bank says the loan portfolio made AZN 183.671 mln, up 13.9% from beginning of 2013, 18.1% - from 2012.

Customer accounts and deposit portfolio stood at AZN 104.1 mln. Individuals’ term deposits rose 32.6% to AZN 57.536 mln.

A of November 1, the authorized capital made AZN 40 mln, up 33% from a year ago. Total capital stood at AZN 45.5 mln, up 42.79% in comparison to the early 2013, 33.8% - to a year earlier.

Incomes were AZN 22.7 mln, expenditures – AZN 18.085 mln and balance profit – AZN 4.615 mln.

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