OREANDA-NEWS. November 24, 2011. As of 1 November 2011 TuranBank’s assets totaled AZN 164 million increasing by 24.7% against early 2011 and by 30.4% against last year’s same term.

The bank reports that credit portfolio balance for the reported period totaled AZN 118.2 million (+13.7% by early 2011 and +20.5% by last year’s same term). In January-October the bank’s deposit portfolio increased by 61.8% against early 2011 and totaled AZN 71.5 million. Urgent deposits in its structure totaled AZN 39.2 million (+22.2% since early 2011 and +32.4% by last year’s same term).

Currently TuranBank’s aggregated capital totals AZN 26.4 million rising by 11.5% against early 2011 and by 17.9% against last year’s same term). The bank’s equity capital is AZN 22 million (+10% and +18.9% respectively).

In January-October 2011 TuranBank’s revenues totaled AZN 15.5 million (+21.5% against last year’s same term) with total expenditures for AZN 11.9 million). As a result balance profit for the reported period made AZN 3.4 million (+18% and +10.2%).