Azerbaijani Turan Bank's net income hits 55 percent
Azerbaijan, Baku, Jul.29 Trend N.Ismayilova /
The Azerbaijani Turan Bank's assets were 81,641 million manat as of July 1, exceeding the relevant index by 7.2 percent at the same period of 2008, the bank said.
Aggregate capital increased by 25.2 percent to 19.66 million manat, and authorized capital increased by 21.4 percent to 17 million manat. As of July 1, the bank's net income increased by 55.5 percent to 1.7 million manat in the report period.
The bank's loan portfolio increased by 8.5 million and amounted to 62.3 million manat.
The bank's aggregate income increased by 40.2 percent per a year to 8.61 million manat. Number of the bank's clients decreased by 5.6 percent to 7,315 people in this period.
The bank's active cards numbered 2,585 units, cash dispensers - 9, POS terminals - 75 and branches -11.
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