"TuranBank" OJSC, one of the country's leading banks, celebrating its 30th anniversary this year, has maintained its market position in terms of financial indicators of the third quarter of 2022.

"APA-Economics" informs that the bank, which continues its active activities in the direction of supporting the real sector, spent 2.1 mln. in the third quarter of the current year.

finished with a profit of manat.

According to the results of the third quarter of 2022, the total assets of "TuranBank" OJSC are 20% or 142.9 mln compared to the same period last year.

manat increased to 857.9 million.

AZN, loans given to customers by 21.2% or 92.4 mln.

AZN increased to 528.8 mln.

15.9% or 42.2 million manats, including loans given to business clients.

AZN increased to 307 mln.

formed manat.

An increase in the volume of deposits of "TuranBank" OJSC, which always adheres to the principles of reliability, was observed.

Thus, by the end of the 3rd quarter of 2022, the total deposit portfolio increased by 18% or 74.9 mln compared to the corresponding period of last year.

increased to 492.4 million manats.

AZN, and deposits of individuals 22.9% or 58.9 mln.

AZN increased to 316.6 mln.

formed manat

During the third quarter of 2022, the Bank continued its active activities with International Financial Institutions in the direction of supporting the real sector.

Thus, the projects implemented within the framework of the "Technical Cooperation Program on Strengthening the Potential of Financial Intermediaries" between "TuranBank" OJSC and the European Bank for Reconstruction and Development (EBRD) have been successfully completed.

It should be noted that the mentioned project was implemented with the support of the European Union EU4Business Initiative Fund, the Ministry of Treasury and Finance of Turkey.

For your information, TuranBank OJSC is successfully developing cooperation relations with other international financial institutions in the direction of attracting credit lines for institutional development and financing of business subjects.

Our bank is International Finance Corporation (IFC), European Bank for Reconstruction and Development (EBRD), Islamic Corporation for Private Sector Development (ICD), EMF Microfinance Fund, ECO Trade and Development Bank (ECO TDB), Sparkassenstiftung, etc.

By cooperating with reputable financial organizations on Small and Medium Enterprise projects, it seriously supports the sustainable development of the non-oil sector.

In addition, taking into account the demand of the market, appropriate steps have been taken towards the expansion of digitalization, and the scope of services provided at a distance has been expanded.

During the 3rd quarter of 2022, the "Goy udzur-2" service was made available to customers through the mobile application of "TuranBank" OJSC.

Based on this service, customers who take cash and business loans from TuranBank OJSC earn a "blue star" bonus for the loan amount and monthly loan payments through the mobile application.

With the collected sky stars, it is possible to make various payments within the mobile bank.

At the same time, during the reporting period, the "Services section" was made available to users through the TuranBank OJSC mobile application and internet bank.

So that,

users can renew their lost or damaged card from "TuranBank" mobile bank and internet bank or easily extend the term of their existing card without coming to the Bank, as well as get their card or current account details and statement.

In addition, the mobile banking application creates the opportunity to make payments, transfers and various banking transactions without coming to the bank, and also provides the opportunity to obtain updated information about credit, savings, card products and other services provided by the Bank to its customers.

Operating since 1992, OJSC "TuranBank" is at the service of individual and corporate customers with 19 sales points.

The Bank, which has implemented various measures to expand the branch network, plans to open new branches and departments in cities and regions this year.

You can get detailed information about the service network of "TuranBank" OJSC across the country by visiting the mentioned link: https://bit.ly/3v4Vnar