Turanbank ends Q1 on loss

 Turanbank ends Q1 on loss
  • Clock-gray 16:33
  • calendar-gray 13 April 2017

As of April 1, 2017 Azerbaijan-based Turanbank’s assets stood at AZN 538.885 million, up 2% from previous year.

 

Bank says the loan portfolio dropped 2.8% to AZN 274.547 million, deposit portfolio rose 2.4% to AZN 480.365 million, and liabilities increased 8.4% to AZN 245.238 million.

 

Authorized capital remained unchanged at AZN 55.003 million, total capital slipped 1.2% to AZN 58.52 million.

 

Bank ended the first quarter on loss of AZN 1,119,000.

 

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