TuranBank celebrates its 29th anniversary


June 11, Fineko/abc.az.We grow every year with your trust and confidence

TuranBank, distinguished by its transparency in the banking sector of Azerbaijan, winning the love, trust, and affection of customers, and maintaining the image of a reliable business partner, celebrates the 29th anniversary of its activity.

During its 29 years of operation, the Bank has achieved many innovations and successes, has contributed to the development of the private sector in the country by supporting small and medium entrepreneurship, has provided customers with more convenient, efficient and secure access to banking services by making the most of the opportunities created by digital banking. Guided by the criteria of professionalism, reliability, responsibility, quality and high corporate culture, TuranBank has maintained its stability over the years, strengthened its position in the field of business financing, and managed to expand its customer base, both individually and corporately.

Despite the various difficulties caused by the pandemic, TuranBank, by continuing its successful activities, has maintained its unique place in the banking sector of Azerbaijan and its image as a reliable financial institution. Our Bank, by achieving success as an active participant in the financial market in recent years, currently has total assets of 623.7 million manats, a loan portfolio of 366.1 million manats, a deposit portfolio of 316.1 million manats, the charter capital of 80 million manat and total capital 87.5 million manats. Today, serving more than 110 thsd. individuals and legal entities in 17 outlets, TuranBank is recognized as a financial institution that fully meets the needs of each customer, offering them convenient and quality services, flexible and competitive products, and actively participating in the social life of society.

TuranBank continues to be active in supporting the real sector, which is one of the main challenges of recent times. During its 29 years of operation, our Bank has always supported the real economy, both through its resources and funds raised from abroad, expanded the access of business entities to financial resources and, as a result, contributed to the development of the country's economy. Over the years, TuranBank has provided significant support to the development of the non-oil sector in the framework of joint cooperation on small and medium enterprises with local organizations, such as the Entrepreneurship Development Fund (EDF), the Agency for Agro Credit and Development (AKIA), as well as the leading international financial institutions, such as the International Finance Corporation (IFC), European Bank for Reconstruction and Development (EBRD), Black Sea Trade and Development Bank (BSTDB), ECO Trade and Development Bank (ECO TDB), EMF Microfinance Fund, US Agency for International Development (USAID), Islamic Corporation for the Development of the Private Sector (ICD) and others. We would be delighted to highlight with pride that the funds attracted from abroad are proof of the trust of our international partners in us.

During its existence, TuranBank has won the affection of customers as an innovative bank offering digital products that meet the requirements of each era. Trying to make the most of the opportunities of digitalization, TuranBank has made a rapid transition to digitalization to improve the level and quality of its services, as well as to increase the efficiency of its activities, and has further developed digital banking products updating them constantly. Over the past year, the Bank has launched its new digital service, a mobile application, and a fully updated internet banking system.

Throughout its activity, our Bank has remained committed to the principle of social responsibility to society. The social projects implemented by the Bank are proof of this.

During its 29 years of operation, TuranBank has supported the people in need with special social protection, i.e., the unemployed, low-income families, and the families of the veterans and martyrs, who wrote a true heroic epic to protect the territorial integrity of our country and to liberate our lands from the invasive enemy, and has made donations to various charity funds organized in this regard. Committed to the values of patriotism and social responsibility, TuranBank will continue to support the social security of the families of injured and martyrs concerning the protection of our territorial integrity.

In upcoming years, our primary goal is to continue reliable banking activities through offering quality services by obtaining higher achievements and maintain the image of a reliable partner of customers.

In conclusion, on behalf of TuranBank, we would like to thank everyone who has contributed to our success over 29 years, and we are confident that we will continue our success in the future and exceed the quality expectations of our customers and partners inspired by the achievements of the past years.




In confidence with us....

Keywords: TuranBank