Azer-Turk Bank’s profit from money transfer rose 27%

Azer-Turk Bank’s profit from money transfer rose 27%
# 27 August 2007 14:20 (UTC +04:00)
A total of AZN 119,682,250 has been transferred through Azer-Turk Bank during the period of January-June, up 36.9% from the same period last year.
The bank told APA-Economics that the profit from money transfers rose 27.06%, year-over-year, to AZN 204,450 during this period.
Azer-Turk Bank uses Western Union and XPress Money international money transfer systems.
As of July 1, assets stood at AZN 30,717,646, loan portfolio at AZN 15,692,579, deposit portfolio at AZ 17,990,555, aggregate capital at AZN 10,773,585 and authorized capital 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%). /APA-Economics/

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