Azerbaijan, Baku, Jan. 14. / Trend N. Ismayilova /
In 2009, loan portfolio of the Azerbaijani Turan Bank hit 77.9 million manat with a rise of 16.8 percent compared to the same index in 2008
As of January 2010 the banks' shares hit 109.9 million manat that exceeds this figure by 30.5 percent compared to 2008. The bank's revenues increased by 12.7 percent to 15.8 million manat in 2009. The bank's net income hit 2.3 million manat in this period that exceeds the same figure by 6.3 percent in 2008
Total deposit portfolio increased by 21.8 percent compared to 2009
The combined capital increased by 7.1 in 2009 to 20.3 million manat Jan.1. The authorized capital increased by 6.3 percent to 17 million manat
The bank is negotiating with relevant agencies to connect to the Golden Crown (Zolotaya Korona) money transfer system to carry out money transfers in rubles, euro and dollar to Russia, CIS and foreign countries
The bank's shareholders are five legal entities (21.8 percent of share) and twenty individuals (78.2 percent)
At present the bank has eleven branches and 21 foreign exchange offices in the country
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