The assets of JSC Turan Bank at the end of last year amounted to 320.1 million manat (+ 31% as of 1 January 2014).
The bank's loan portfolio by the end of the last cycle was equal to 220.6 million manat (+ 24%) at the level of the deposit portfolio of 143.9 million manat (+ 33%) and the contributions of the population of 72.2 million manat (+17.7%).
The equity capital is 55.1 million manat (+ 14%) and the share capital is 47 million manat (+ 7%).
The net profit of the financial structure is 5 million 601 thousand manat.
JSC Turan Bank began operations in June 1992. Its shareholders are 6 legal entities (29.11%) and 22 individuals (70.89%). --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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