Bank Of Baku

TuranBank gets decline in total capital

TuranBank gets decline in total capital
# 26 October 2015 09:19 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. TuranBank’s assets in the third quarter of 2015 made AZN 470.943 mln, up 64.46% in annual comparison.

 

Bank says the loan portfolio rose 21.4% to AZN 261.387 mln, deposit portfolio surged 78% to AZN 207.540 mln, total capital fell 2.96% to AZN 53.467 mln, authorized capital surged 6.38% to AZN 50,002,500.

 

Incomes grew 9.54% to AZN 26.582 mln, expenditures advanced 39.66% to AZN 26.048 mln.

 

Profit amounted to AZN 442,568.

 

The bank operates 15 branches, 23 ATMs and 160 POS-terminals across the country.

 

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