Bank News

  • Congratulation on Day of Solidarity of World Azerbaijanians and Happy New Year!

    TuranBank team congratulates all compatriots on the Day of Solidarity of World Azerbaijanians and New Year and wishes to all of them in the coming year happiness, good luck and peace to our motherland....

  • New appointments have been made at TuranBank

    New appointments have been made at TuranBank in the direction of improving its management system. Thus, Bakhtiyar Mammadov has been appointed the General Director of IT and Emil Mursalov the General Director of Sales.It should be noted that Bakhtiyar Mammadov and Emil Mursalov began their career at the Bank since 2005 and 2008 respectively. Before the appointment Bakhtiyar Mammadov held the position of the Director of the IT Department and Emil Mursalov the Director of the Marketing and Sales Department....

  • Audit of the financial results of TuranBank for 2016 will be carried out by KPMG

    KPMG has been announced the winner of the open bid held in accordance with the Bank’s policy on selection of an external auditor to audit the consolidated financial statements of TuranBank for 2016.TuranBank has cooperated with internationally reputable companies like Deloitte&Touche, PriceWaterHouseCoopers, and KPMG since 2002 in compliance with the requirement by the Central Bank and its internal regulations in order to have its audits carried out based on International Financial Reporting Standards and International Standards on Auditing. The Bank is entitled to cooperate with an extern...

  • TuranBank congratulates the people of Azerbaijan on Day of National Revival

    Since 1992, November 17 is celebrated as the Day of National Revival in Azerbaijan. On this day in 1988 Azerbaijani society demonstrated on Azadlig (Freedom) Square protesting against the policy of indifference of the Soviet government and local authorities regarding the violation of Azerbaijani sovereignty in Karabakh region. These events are assessed as the national movement in Azerbaijan and considered to be important factor in achievement of independence.TuranBank congratulates compatriots on the Day of National Revival and wishes our independent country eternal development and progress, a...

  • TuranBank ended October with profit

    As of October 31, 2016, TuranBank assets amounted to AZN 530.1 million, increasing by 16.2% compared with the same date of 2015. The loan portfolio of the Bank amounted to AZ 275 million, increasing by 7,9% compared with the same date of the previous year. As of October 31, 2016, customer accounts and the deposit portfolio of the Bank reached AZN 210,6 million, increasing by 14.6% compared with the same date of 2015. The amount of term deposits of individuals within the composition of the deposit portfolio amounted to AZN 103 million, increasing by 17.2% compared to the same date of 2015. As o...

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