Turanbank"s Net Income Decreased by 12.5%
JSC Turanbank in the first seven months of 2012 had a net profit before tax of 2.1 million manat, which is 12.5% ??less than the figure recorded a year earlier. The earnings were equal to 12.7 million manat and the expenditures were 10.6 million manat, increasing by 18.7% and 27.7%.
The assets increased in January-July by 9.3% to 189.5 million manat. The volume of issued and corporate loans grew by 21.9% and amounted to 148.2 million manat.
The deposit portfolio increased by 11.6% to 82.3 million manat, of which 51.5 million manat fell on urgent investments of the population.
The aggregate capital increased by 2.7% to 26.7 million manat, and the paid charter capital grew by 8.2% to 23.8 million manat. - 15B -
Economics
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