Turan Bank decided on the audit of the financial statements for this year, focusing on the international company Deloitte & Touche, which will draw up the documentation to international standards.
The agreement was reached between the parties on the results of the tender conducted in accordance with the policies of the bank - said the bank. Recall, the bank statements for the past year were audited by the same company.
Turan Bank since 2002 has trusted the audit not only to the said partner, but also to PricewaterhouseCoopers and KPMG.
Turan Bank with an authorized capital of 50 million 2.47 thousand manats was established in June 1992. The founders are 6 legal entities and 22 individuals. It has 15 branches and 6 offices. --17D-
Economics
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The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has reported a 3.3% increase in its gold investments compared to last year, according to the fund's investment activity results for the second quarter of 2024. Gold investments now account for $8.57 billion, or 14.8% of SOFAZ's US Dollar Portfolio.
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Azerbaijan's Minister of Digital Development and Transport, Rashad Nabiyev, announced on the social network "X" that during the visit of Israel's Minister of Regional Cooperation, David Amsalem, to Azerbaijan, discussions were held on cooperation in innovation, space, and aviation.
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A delegation led by Azerbaijan's Minister of Economy, Mikayil Jabbarov, met with key Italian officials during an official visit to Italy, highlighting the strong and multifaceted partnership between the two countries.
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