TuranBank ends H1 on loss

TuranBank ends H1 on loss
# 17 July 2017 11:46 (UTC +04:00)

Turanbank OJSC’s assets in the second quarter of 2017 stood at AZN 521.481 million, up 6.97% from previous year.

Bank says the loan portfolio surged 5.74% to AZN 284.244 million, deposit portfolio soared 45.1% to AZN 260.776 million, personal savings grew 1.6-fold to AZN 260.776 million.

Total capital increased 34.14% to AZN 69.171 million, authorized capital ascended 10% to AZN 55.003 million.

The bank ended the first half of 2017 on loss of AZN 948,000.

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THE OPERATION IS BEING PERFORMED