Turan Bank’s Loss Exceeds One Million Manat
The assets of Turan Bank in 2016 compared to 2015 increased by 10 million 522 thousand manat or 2%, to 528 million 222 thousand manat.
By the end of 2016 the bank's liabilities amounted to 468 million 987 thousand manat, including customer deposits of 226 million 177 thousand manat.
The bank's capital grew by 20.9%, or 10 million 254 thousand manat to 59 million 235 thousand manat.
In 2016 the bank completed the year with a loss of 1 million 398 thousand manat. ----71D
Economics
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