BAKU/30.01.14/TURAN : The assets of Turanbank increased in 2013 by 13.3 %, reaching 250.98 million manat. The volume of loans issued to individuals and legal entities grew by 12% and amounted to 180.07 million manat.
The total liabilities of the bank increased from 184.27 million to 196.69 million manat. The deposit portfolio increased by 2.9 %, amounting to 93.04 million manat, including term client investments increased by 23.3 % to 61.34 million manat.
The equity capital reached 54.28 million manat. The total capital increased by 82.3 % to 50.49 million manat and paid charter capital - 46.7 % to 44 million manat.
The bank's earnings equaled 27.65 million manat and expenditures - 23.45 million manat, an increase compared with 2012 , respectively 19.7% and 17.6 %. The net profit after tax increased by 35.5 %, amounting to 4.19 million manat. - 15B -
Economics
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