Last year, Turanbank's operating profit reached AZN 1.9 million


January 25, Fineko/ Turanbank has published a report on financial indicators for 2021.

ABC.AZ informs that Turanbank's operating profit for 2021 amounted to AZN 1.914 million (against AZN 1.101 million in 2020). This means an increase in operating profit by AZN 813,000 in 2021.

The increase in operating profit is associated with an increase in income more than expenses.

The funds allocated by Turanbank for reserves created for possible losses in 2021 amounted to AZN 1.78 million (4.4-fold more than in 2020 – AZN 246,000).