Azerbaijan, Baku, July 12 /Trend A.Hasanov/
Assets of Azerbaijani Turan Bank increased by 15.9 per cent in the first half of 2012 compared to the beginning of the year, amounting to 192.2 million manat, and by 28.2 per cent compared to the same period in 2011, the bank said on Thursday.
The deposit portfolio of the bank amounted to 98.85 million manat in January-June 2012, which is 13.7 per cent higher than at the beginning of the year and by 36.4 per cent compared to the same period in 2011. The structure of the deposit portfolio of term deposits amounted to 51.9 million manat, which is 8.4 per cent more compared to the same period in 2011.
The bank's loan portfolio as of July 1 totalled 146.3 million manat, which is 25 per cent higher than at the beginning of 2012 and 26.8 per cent more than last year.
The authorised capital of the bank amounted to 23.8 million manat in first half of 2012, up by 8.2 per cent since the beginning of the year. The total capital amounted to 26.5 million manat, up by 11 per cent since the beginning of this year and by 6.9 per cent over the same period of 2011.
The total cost of the bank amounted to 8.9 million manat, income - 10.8 million manat, and the balance sheet profit - 1.9 million manat.
Currently, the shareholder structure of TuranBank consists of 26 shareholders - 21 individual and five legal entities. All shareholders are part of the minority shares.
Official exchange rate on July 12 is 0.7855 AZN/USD
