Deposits of Turon Bank Reach 20bn Soums
OREANDA-NEWS. January 13, 2009. Balance of deposits at Turon Bank increased from 13.71 billion soums at the end of 2007 to over 20 billion soums. The bank attracted 6.3 billion soums of deposits in 2008.
The bank also issued resources to 20 law income families to finance education (permanent loan) and soft mortgage credits, consumer and micro credits.
Turon Bank has over 56 mini-banks, 74 cash offices, 33 retail services centers and 49 exchange points. Revenue of the bank increased by 61% year-on-year as of 1 December 2008. The profitability of the bank rose by 53%. The credit portfolio grew by 73%.
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