Assets of Turanbank increased by 18% in 2015

Baku. 18 June. REPORT.AZ/ Assets of Turanbank rose by 39% since the beginning of the year, compared to the same period of last year - by 18% and reached 377,1 million manats.

Report informs referring to the bank, for the reporting period the loan portfolio increased by 35% compared to January-May of last year and growing by 20% since the beginning of the year amounted to 264,9 million manats.

On June 1, the bank's customer accounts and deposit portfolio grew by 35% compared with the same period of 2014, and increased by 22% compared to the beginning of the year amounting to 174.8 million manats.

The volume of term deposits of individuals in the structure of the deposit portfolio increased by 25.9% in annual comparison and compared with the beginning of the year increased by 14.5% amounting to 82.7 million manats.

The bank's revenues in the first 5 months of this year were13.085 million manats and expenditures 14.005 million. manats.. As a result, the Bank ended the reporting period with a loss of 920 thousand manats.